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Hard Red Wheat Dec '17 (KEZ17)

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[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
All Futures Contracts for [[ item.sessionDateDisplayLong ]]

Brugler report

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Fri May 25, 5:11PM CDT
Wheat futures saw gains anywhere from 9 1/2 to 15 cents on Friday. KC led the way up 15 cents with CBT trailing 12 3/4 cents higher. MGEX closed 9 1/2 cents higher in nearby July. As a result of adverse weather conditions in some areas, Russia’s IKAR trimmed their range for the country’s expected wheat production by 3 MMT on each side to 69.5-77 MMT; this aided CBOT trading higher Friday morning. The large spec funds in Chicago wheat futures and options trimmed their CFTC net short position by 3,837 contracts in the week that ended May 22 to -1,685 contracts. They had a net long position of 46,323 contracts in KC wheat futures and options as of close of business on May 22.Jul 18 CBOT Wheat closed at $5.43, up 12 3/4 cents,Jul 18 KCBT Wheat closed at $5.64, up 15 cents,Jul 18 MGEX Wheat closed at $6.44 1/4, up 9 1/2 cents
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