Wheat shows a marginal mixed trade on Wednesday. The wheat complex saw mixed movement via the three stock exchanges on Wednesday, with the weakest spring wheat. The force led the KC market, up to 6 to 7 cents. CBT futures were significantly higher over most contracts on Wednesday. Spring wheat MPLS appeared steady to 1 cents lower.
Analysts expect to see between 350,000 and 600,000 metric tons of wheat sold in the week ended in July 31 in the export sales report on Thursday.
Another importer from South Korea bought 60,000 metric tons of wheat in a special deal overnight.
September 25 of CBOT wheat was closed at $ 5.08, 1/2, an increase of 1/4 percent,
December 25 CBOT CBOT at $ 5.29, 1/4, an increase of 3/4 cents,
September 25 of wheat was closed at 5.11 dollars 1/2, an increase of 7 cents,
December 25 of wheat was closed at $ 5.32, an increase of 6/4 cents,
September 25 of MGEX wheat was closed at $ 5.69, 3/4, bottom 1/2 cm,
December 25 of MGEX wheat was closed at $ 5.92, 1/4, a decrease of 1/4 percent,
On the date of publication, Austin Schroeder did not have positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article are only for media purposes. This article was originally published on Barchart.com
https://s.yimg.com/ny/api/res/1.2/9xMSXclVo2S2AHQ1q7t5xg–/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/barchart_com_477/2ee9b67d07f25fd8909a4dd10c1c5f03
Source link