
The wheat complex was in rally mode on Wednesday, posting strength across the three markets. Chicago SRW futures were 8 to 12 ¾ cents in the green to close the session. KC HRW futures saw Wednesday gains of 4 ¾ to 10 ¼ cents at the final bell. MPLS spring wheat closed the day with contracts fractionally to 2 ½ cents. Weakness in the dollar index this week has added some support to the market.
The forecast for the next week shows limited precip in much of the Southern Plains, with some moisture creeping in the eastern edges of the HRW country.