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Barchart
Barchart
Austin Schroeder

Wheat Posting Mixed Tuesday Trade

The wheat complex is mixed so far on Tuesday. Chicago SRW contracts are mixed, with contracts down 1 to 2 cents higher. There were 3 deliveries against Chicago wheat overnight, with 1 against July KC wheat. KC HRW futures are down 3 to 4 cents at midday. MPLS spring wheat is mostly fractionally to a penny lower.

NASS Crop Progress data showed 59% of the US winter wheat crop harvested by Sunday, 8% ahead of normal. Conditions were steady at 26% gd/ex, with the Brugler500 index up 1 point to 262. That was the final rating for the crop. The average of the major HRW states was at 209, with SRW states at 360.

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