Wheat (P) Futures PricesWed, Jan 28th, 2015
Latest Brugler Wheat (P) Report
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Chicago wheat futures closed firmly lower with all three exchanges posting double digit losses on the session under pressure from the strong dollar. March15 KC wheat printed another new life of contract low today. European wheat bids are also lower on the week. Temperatures reached into the 70s for much of Kansas wheat country today. 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 due to adequate supplies and, in general, bids for later months in the PNW were not well tested this morning.
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