Home Markets News Weather

Wheat

« Go Back

Wheat futures are trading steady to 3 cents in the green in most CBT and KC contracts post-report, as MPLS is down 2 to 5 cents in the nearby contracts. This morning’s monthly USDA report did not have very good news for wheat, as 17/18 US ending stocks rose 27 mbu to 960 mbu. Carryover from 16/17 was lowered 3 mbu to 1.181 bbu, and the 17/18 feed and residual number fell 30 mbu. World wheat ending stocks jumped a steep 4.99 MMT to 268.13 MMT, as production in India, Russia and the EU jumped a combined 5.55 MMT. Japan purchased 106,045 MT of wheat from Australia, Canada, and the US, as 34,175 MT came from the US.

Dec 17 CBOT Wheat is at $4.34 3/4, up 1 1/2 cents,

Dec 17 KCBT Wheat is at $4.30 1/2, up 2 1/4 cents,

Dec 17 MGEX Wheat is at $6.15 1/2, down 3 1/2 cents

« Go Back

Real-time Login
     Get Real-time Data
Edit Preferences      Refresh:   On   Off