The wheat market is showing stronger trade on Tuesday with gains led by the winter wheat contracts. CBT soft red wheat futures are 8 to 9 ¼ cent gains across most nearbys. KC HRW futures are trading with 7 to 8 cent gains across the front months at midday. MPLS spring wheat futures are up 1 to 2 ¼ cents across most contracts on Tuesday.
Crop Progress data showed the US winter wheat crop at 20% planted, down 3 points from average. Emergence was listed at 4%, on par with average. Spring wheat was 96% harvested and matches the 5-year average pace.
