Wheat (P) Futures PricesWed, Dec 11th, 2013
Latest Brugler Wheat (P) Report
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Wheat futures closed steady to a few pennies higher, with the Dec 13 KCBT contract displaying the most strength and closing at $6.96. The December 13 contracts for all 3 classes will expire on Friday. Weekly Export sales are expected to be 300-500,000 MT. Egypt was attracted by the lower prices in the US and Europe, and tendered for wheat with delivery during the Jan 10 through Jan 20 time period. They bought 300,000 MT including 180,000 MT from Romania and 120,000 from France. Paris milling wheat futures for Jan delivery are up 0.75 at $206.50.
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