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Barchart
Barchart
Austin Schroeder

Wheat Pulls Back to Close Mixed on Monday

The wheat complex closed the Monday session mixed across the three markets. CBT soft red wheat futures were fractionally mixed and front months lower. KC HRW futures posted 2 ¼ to 3 ¼ cent gains across the board.  MPLS spring wheat futures saw losses of 3 ¾ cents in the nearby contracts.

The Monday afternoon Crop Progress report showed 34% of the US winter wheat crop planted, 2 points behind normal. Emergence was 13%, 1 point ahead of average. 

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