Milling Wheat Dec '21 (MLZ21)
Price PerformanceSee More
|Period||Period Low||Period High||Performance|
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-14.00 (-6.22%)since 05/11/21
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+11.00 (+5.50%)since 03/11/21
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+24.25 (+12.99%)since 06/11/20
More Milling Wheat QuotesAll Futures Prices
Most Recent StoriesMore News
In our update on June 6th we warned that while the Soybeans and Corn had done nothing so far to turn the trend lower you would have to watch the 78.6% levels on the rally.
Wheat harvest underway
The Friday soy market was mixed at the close, as a late session rally in meal helped mitigate the sharp BO drop. Soybeans closed the last trade day of the week with 17 to 35 1/2 cent losses. New crop futures...
Midday wheat losses were faded in the afternoon session, limiting the day’s loss. CBT futures recovered to close 3 to 4 1/4 cents weaker in the front months. HRW wheat ended 2 1/4 to 2 1/2 cents lower...
Corn futures head into the weekend with 5 1/4 to 14 1/2 cent losses on Friday. July futures were the weakest on the day, reducing the inverse to 74.75 cents. Despite the double digit loss on the last day...
The screams are louder from producers buying feeder steers and selling fats as the negative profit margin is eating them alive.
July Chart. Neckline breakdown is at 1490. Summer target 1312.
Monthly and Daily charts
So far soybeans are 24 to 38 ¼ cents weaker. Old crop futures are down the most so far with July 2.5% weaker. Soymeal futures prices are trading $2.80 to $3.10 in the red. Soybean oil futures are down...
Midday wheat prices are trading in the red so far. SRW is down 6 1/4 to 7 1/2 cents so far. Friday HRW prices are 6 3/4 to 8 cents in the red. Spring wheat futures are the weakest, with midday losses of...