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Austin Schroeder

Wheat Trading Mixed at Tuesday’s Midday

CBT Chicago KC HRW MPLS CBOT Wheat KCBT Wheat

The wheat complex is showing mixed trade on Tuesday, with CBT showing the strength. Chicago SRW contracts are 5 to 8 cents in the green. KC HRW futures are down 1 to 3 ½ cents in the front months. MPLS spring wheat is up 1 to 2 cents at midday

NASS Crop Progress data showed 95% of the US winter wheat crop headed by Sunday, 4% ahead of normal. Harvest was pegged at 25%, faster than the 13% average pace. Conditions were up 2% to 27% gd/ex, with the Brugler500 index 4 points higher to 267.

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