Wheat Futures PricesTue, Jun 28th, 2016
Open Interest is for the previous day's trading session.
Latest Brugler Wheat Report
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Wheat futures are mostly steady to 2 3/4 cents higher, although front month Jul16 SRW and HRW are down 1/2 cent and 2 cents respectively. According to yesterday's USDA Crop Progress report, the US winter wheat harvest as of Sunday night was 45% complete. The condition score was up 3 points from the previous Monday at 365 on our Brugler500 Index. Statewide scores improved by 6 points from the previous week in Kansas, and by 14 points in Illinois. Michigan, North Carolina, Oregon, and South Dakota each experienced slight declines. The national spring wheat condition score dropped 7 points from last Monday to 376 on our Brugler500 Index. Minnesota (+3 points) was the only state of the 6 major producers to see a statewide improvement in its spring wheat condition. Montana and South Dakota experienced 14 and 17 point declines respectively. There was 2.5 MMT of wheat offered at Chinese state reserve auctions today, 22,070 MT of which was sold.
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