Spring Wheat Futures PricesThu, Jan 29th, 2015
Latest Brugler Spring Wheat Report
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Chicago wheat futures are tradingsteady to as much as two cents lower this morning. European wheat bids are lower on the week. Temperatures reached into the 70s for much of Kansas wheat country. There is, of course, no snow cover. Gulf barge basis for hard red and soft red winter wheat was unchanged at midday. Several exporters have suspended bids for January out of the PNW. Trade expectations for the USDA weekly export sales report ran from 250,000 MT to 650,000 MT. USDA this morning put the actual net sales for the week ending January 22 at 565,400 MT.
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