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Austin Schroeder

Wheat Posting Wednesday Gains

Chicago KC MPLS HRW KCBT MIAX

The wheat complex is showing strength on Wednesday. Chicago SRW futures are 3 to 5 cents higher in the front months so far on the day. KC HRW futures are trading with 9 to 10 cent gains on Wednesday. MPLS spring wheat is up 8 to 9 cents at midday.

The next week looks on the drier side for much of the Plains and HRW country, which is not beneficial to the crop with ratings already spilling. A few spots in SRW country are looking at a wetter pattern in parts of the Eastern Corn Belt.

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