Wheat (P) Futures PricesWed, Dec 31st, 1969
Latest Brugler Wheat (P) Report
Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.
Wheat futures were higher on the day with HRW gaining the most as weather concerns in the Southern Plains threaten the quality potential for HRW production. The bears were persistent through concerns about possible winterkill and excessive dryness, but images of sprouting wheat heads make it easier to see that there could actually be some problems. USDA said in their weekly report this morning that 74,400 MT of wheat export sales were booked for 2014/15 delivery, while much of the trade was expecting the old crop figure to show a net decrease this week. Another 128,200 MT was booked for 2015/16. The old crop business needs to be shipped by May 31.
InsideFutures Grains News