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Barchart
Barchart
Austin Schroeder

Wheat Holding Gains, as we Head into the Weekend

Wheat bulls are showing a rebound heading into the weekend, with gains across the board. CBT prices are trading with 14 to 15 cent gains. KC contracts are 13 to 14 cents in the green, and MPLS spring wheat is up 3 to 4 cents higher. The dollar index is giving back some gains from Thursday at midday.

Export commitments so far in the marketing year are 8.259 MMT according to USDA, which was 36% of the balance sheet export projection and ahead of the 35% average pace. 

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