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Barchart
Barchart
Austin Schroeder

Wheat Mixed on Tuesday, as Chicago Holds Up

The wheat complex is showing some mixed trade as the Chicago market is adding some premium. CBT soft red wheat futures are up 4 to 5 cents so far on the day. KC HRW futures are fractionally mixed at midday. MPLS spring wheat is trading with 1 to 4 cent losses at midday.

The weekly NASS Crop Progress report showed the winter wheat harvest at 98% complete. The spring wheat crop was 53% harvested, behind the 54% average. The final condition rating for the year saw 49% of the crop in good/excellent categories, down 1%, as the Brugler500 index was steady at 333.

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