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Barchart
Barchart
Austin Schroeder

Wheat Closes with Mixed Action on Thursday

Chicago KC KCBT MIAX

The wheat complex closed the Thursday session with mixed trade, as SRW contracts were the strongest and spring wheat the weakest. Chicago SRW futures were up 2 1/4 to 3 3/4 cents on the day. KC HRW futures were steady in the front months to a couple pennies lower in the deferreds. MPLS spring wheat was down 1 ¼ to 3 1/2 cents in the front months on Thursday.

The next 7 days look on the drier side for much of the Southern Plains, with the eastern half of the country and SRW area looking wetter.

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