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Barchart
Barchart
Austin Schroeder

Wheat Ends Tuesday New Contract Lows

The wheat complex pushed lower across the three exchanges on Tuesday, led by the KC market, down 12 to 12 ½ cents in the front months. CBT futures were 8 to 9 to 10 cents lower in the front months. MPLS spring wheat was down 2 to 4 cents on the day.

June trade data from Census showed a total of 1.719 MMT of wheat shipped during the month, which was a 4-year high but down 20.42% from last month.

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