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Barchart
Barchart
Austin Schroeder

Wheat Closes Monday Mixed, with Spring Wheat Strength

Chicago SRW KC MPLS

The wheat complex posted mixed Monday action, with the winter wheat leading the charge lower and spring wheat holding up. Chicago SRW futures were 4 to5 cents in the red on Monday. KC HRW futures were down 3 to 4 cents. MPLS spring wheat futures were steady to 3 cents in the green on the day. 

Winter wheat crop planting was tallied at 97% as of Sunday, matching the average pace, with emergence at 87% and 2 points behind average. The last Crop Progress report for the year showed 48% of the US crop at good/excellent, 3 points ahead of last we but 7 points below last year. 

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