Wheat (P) Futures PricesThu, Dec 12th, 2013
Latest Brugler Wheat (P) Report
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Wheat futures are 3 to 19 lower at midday. The KCBT contract is under the most pressure and is down nearly 20 cents. The December 13 contracts for all 3 classes will expire on Friday. There were 51 contracts delivered vs. Dec in Chicago overnight, mostly moving from ADM to Dreyfus. Pre-report estimates for net weekly export sales were in the 350,000-500,000 MT range. USDA put the actual number for the week ending December 5 at 372,200 MT with 95,000 MT booked to Nigeria.
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