Wheat Futures PricesTue, Sep 27th, 2016
Latest Brugler Wheat Report
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Wheat futures were higher on the day. Most contracts posted gains of at least a nickel, and some MPLS contracts were up more than 9 cents. The trade is on average expecting the Small Grains report on Friday to show small downward adjustments to the national spring wheat and white wheat production figures. NASS indicated nearly a third of the winter wheat crop is planted. With emergence at 8% on Sunday night it is in line with the respective five year average. apan bought 125,775 MT of wheat for Oct/Nov shipment with the bulk of the business US origin.Midday Gulf bids for SRW CIF slipped a nickel on the rally, as did the bids for Jan and Feb shipment.
InsideFutures Grains News
Due to grow seasons and seasonal fluctuations in wheat supply and demand, wheat futures tend to be highest from August through September, and lowest from January through May. These are not guaranteed trends, however, so traders of wheat futures must stay abreast of fluctuations in wheat prices and wheat quotes. Our up-to-date wheat futures table provides a summary of wheat prices with links to wheat quotes.