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Austin Schroeder

Wheat Closes Mixed on Monday

Chicago SRW KC MPLS MIAX

The wheat complex posted mixed action on Monday, with KC the weakest. Chicago SRW futures were mostly fractionally to 2 ¾ cents higher. KC HRW futures were down 6 to 7 cents reverting from some recent strength. MPLS spring wheat was 2 to 4 cents higher on Monday.

The Kansas Crop Progress report showed winter wheat conditions down 6% to 40% good/excellent, with the Brugler500 index down 12 points to 316. The national level Crop Progress report will be out nest Monday. 

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