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Barchart
Barchart
Austin Schroeder

Wheat Rallies Late on Tuesday

The wheat complex shrugged off early weakness on Tuesday, with contracts higher across the three markets. Chicago SRW contracts were 4 to 5 cents in the green. KC HRW futures were up 9 to 10 ½ cents in the front months. MPLS spring wheat was the leader, with contracts 11 to 12 cents higher.

Spring wheat led the charge higher, as Minnesota/the Dakotas through the PWN are seen with little to no precip in the next week according to the NOAA 7-day QPF.

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