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Hard Red Wheat Sep '17 (KEU17)

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All Futures Contracts for [[ item.sessionDateDisplayLong ]]

Agricharts Market Commentary

Wed Jun 20, 4:55PM CDT
Wheat futures settled with 3 to 5 3/4 cent gains in the KC and MPLS contracts on Wednesday, with CBT 8 to 10 1/2 cents higher. Precipitation throughout parts of the Southern Plains may keep some harvesters out of the field for a couple days. The average trade estimate ahead of Thursday morning's USDA Export Sales report is for all wheat new crop sales at 250,000 to 500,000 MT. That would be within range of last week's total. Ukraine's Ag Ministry estimates 41 MMT of grains for export in the 17/18 MY (through the end of June), with 38.6 MMT shipped so far. That total includes 16.8 MMT wheat, down 2.6% from last year.Jul 18 CBOT Wheat closed at $4.88 1/4, up 10 1/2 cents,Jul 18 KCBT Wheat closed at $4.88 3/4, up 5 3/4 cents,Jul 18 MGEX Wheat closed at $5.52 3/4, up 3 1/4 cents
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