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Barchart
Barchart
Austin Schroeder

Wheat Post Mixed Action on Wednesday

The wheat complex closed out Wednesday on a mixed note, as winter wheat contracts were pulling off the early lows. CBT soft red wheat futures ended the day higher, with fractional gains to 1 ¼ cents. KC HRW futures were down 2 to 3 cents, with buying off the early session lows into the close. MPLS spring wheat futures held onto the weakness on Wednesday, with losses of 5 to 6 cents. 

The next 7 days looks on the drier side for much of the country, with some exceptions in parts of southern NE and northern KS, which may slow some winter wheat planting.

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