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Barchart
Barchart
Austin Schroeder

Wheat Sticking Close to Steady on Wednesday Morning

CBT KC HRW Chicago

Wheat is showing slight mixed action on Wednesday AM trade, with most contracts steady. The wheat complex was mixed across the three markets on Tuesday. Chicago SRW wheat was down 3 to 4 cents at the close. Preliminary open interest in CBT was up 6,398 contracts. KC HRW futures saw fractionally higher trade into the closing bell. MPLS spring wheat saw 2 to 3 cent losses.

President Trump announced a preliminary trade deal with Indonesia on Tuesday, reportedly including commitments to purchase $4.5 billion in ag products.

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