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Barchart
Barchart
Austin Schroeder

Wheat Slips Back into Tuesday’s Close

The wheat complex failed to hold the Tuesday gains into the close. Chicago SRW futures were 2 to 3 cents lower on Tuesday. KC HRW futures saw steady to fractionally higher trade at Tuesday’s close. MPLS spring wheat closed the day with contracts 4 cent losses.

The next 7 day forecast from NOAA shows 1-2 inches expected for much of SRW country, with very little seen for parts of the Southern Plains, outside of eastern parts of KS.

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