The wheat complex held onto the gains to start the week. Chicago SRW contracts closed out the Monday session with contracts 5 ½ to 9 ½ cents higher. KC HRW futures were 4 to 7 cents in the green at the Monday close. MPLS spring wheat posted 7 ½ to 10 ½ cent gains on the day.
Weekly NASS Crop Progress data showed 36% of winter wheat crop was planted as of Sunday, lagging the 5 year average for planting pace by 10 percentage points. Emergence was at 16%.
