Hard Red Wheat May '23 (KEK23)
Hard Red Wheat Futures Market News and Commentary
Wheat is starting out September with contracts mixed, but holding withing a few cents of unchanged. Futures are at least 10 to 15 cents off the overnight highs. The wheat complex is facing some month end pressure to close out August. Chicago SRW contracts posted 3 ¾ to 10 ¼ cent losses, as contracts were 15 to 18 cents off the lows. Open interest suggested modest profit taking, down 938 contracts. There were another 9 deliveries overnight against Sep CBT wheat. KC HRW futures were down 1 ½ to 7 ½ cents in the front months, with deferreds up 1 to 11 cents. Open interest was up 2,470 contracts. There were 60 delivery notices for September KC wheat overnight. MPLS spring wheat was down 2 to 6 1/4 cents at the close.
Over the weekend, Turkey was reportedly pushing for a Black Sea shipping corridor to help restore the flow of grains, which have been limited.
The weekly NASS Crop Progress report showed 77% of the US spring wheat crop harvested by Sunday, 9% ahead of the norm... Read more
Barchart · 29 minutes ago
Wheat is starting out September with contracts mixed, but holding withing a few cents of unchanged. Futures are at least 10 to 15 cents off the overnight...
Barchart · 29 minutes ago
Corn prices are trading with 2 to 3 losses so far on Tuesday morning, with December 9 cents off the overnight high. Futures rounded out August with contracts...
Barchart · 29 minutes ago
Soybeans are showing 9 to 10 cents gains across most front months. Furfures saw strength to close out Monday trade, with contracts steady to 7 cents higher,...
Barchart · Mon Aug 31, 5:11PM CDT
Corn futures rounded out August with contracts up 1 to 3 1/2 cents on the session. There were 90 deliveries issued against September corn on First Notice...
Barchart · Mon Aug 31, 5:11PM CDT
Soybeans saw strength to close out Monday trade, with contracts steady to 7 cents higher, led by the deferreds. September was down a penny. The cmdtyView...
Barchart · Mon Aug 31, 5:11PM CDT
The wheat complex is facing some month end pressure to close out August. Chicago SRW contracts posted 3 ¾ to 10 ¼ cent losses, as contracts were 15 to...
Barchart · 12 minutes ago
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Barchart · 27 minutes ago
Lean hog futures were in rally mode to round out August trade, with gains of 95 cents to $1.85 at midday. Open interest was up 573 contracts. USDA’s...
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Barchart · 27 minutes ago
Wheat is starting out September with contracts mixed, but holding withing a few cents of unchanged. Futures are at least 10 to 15 cents off the overnight...
Barchart · 27 minutes ago
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Barchart · 27 minutes ago
Soybeans are showing 9 to 10 cents gains across most front months. Furfures saw strength to close out Monday trade, with contracts steady to 7 cents higher,...
Barchart · 27 minutes ago
Corn prices are trading with 2 to 3 losses so far on Tuesday morning, with December 9 cents off the overnight high. Futures rounded out August with contracts...
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