Wheat was under pressure on Tuesday, as contracts closed with losses across the three markets. Chicago SRW futures were 8 to 9 cents in the red at the close. KC contracts were down 7 to 8 cents on the day. MPLS spring wheat was just 3 to 4 cents lower in the front months.
Crop Progress data after the close showed 80% of the US winter wheat crop harvested by Sunday, 1 point behind average. Spring wheat was 3% behind normal at 95% headed. Harvest was tallied at 1%. Conditions of the northern crop were down 3% to 49% gd/ex, as the Brugler500 index was down 6 to 332. The only state to see improvement was MN, up 3, with MT down another 11 and ND losing 3 points.
