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Barchart
Barchart
Austin Schroeder

Wheat Slips Lower into the Week’s Close

The wheat complex fell back into the long weekend with losses across the three exchanges. Chicago SRW contracts were down 1 ½ to 7 ¼ cents at the close, with July still up 21 ¼ cents on the week. KC HRW futures closed with losses of 4 ½ to 8 ½ cents on Thursday, as July was up 9 ½ cents on the week. MPLS spring wheat was mixed, down 2 ½ cents to fractionally higher, with July up 4 ¾ cents this week.

The market and government will take Friday off in observance of Juneteenth, with a normal open on Sunday night.

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