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Austin Schroeder

Wheat Closes Mixed on Monday

MPLS Kansas City

The wheat complex was on Monday as movement was quiet to start the week. CBT futures were steady in the nearby contracts on Monday. Kansas City HRW contracts ended the Monday session with losses of 1 to 2 cents. MPLS spring wheat closed with fractionally mixed trade on Monday

Crop Progress data from USDA shows the US winter wheat 86% harvested, with 87% the normal harvest pace. The spring wheat crop was 95% headed, with harvest now at 5% and behind the 9% average. Conditions were listed at 48% gd/ex, down 1%, as the Brugler500 index was stead at 332.

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