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Barchart
Barchart
Austin Schroeder

Wheat Sees Modest Strength on Tuesday

Chicago KC MPLS CBOT European Union KCBT

The wheat complex was mixed trade at the Tuesday close, with winter wheat contracts higher and spring wheat mixed. Chicago SRW futures were 1 to 2 cents higher on the day. KC HRW futures were up 6 to 7 cents in the nearbys. MPLS spring wheat saw fractionally mixed trade on Tuesday.

Another update to the Export Sales report from morning indicated 432,609 MT in wheat sales for the week of December 11. That was in the middle of the 300,000-600,000 MT of trade estimates and an improvement of 13.39% from the previous week.

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