Spring Wheat Futures Market News and Commentary
Wheat futures are 2 to 5 cents lower in the winter wheat contracts this morning, while MPLS spring wheat is 1 to 2 cents higher. Wheat futures gave back some gains yesterday, as the complex closed on both sides of UNCH. SRW futures were in the red for Dec and March, but higher in July and Sept. HRW wheat ended the session fractionally to 1 1/4 cents lower. Spring wheat futures held onto gains of up to 4 ¾ cents. US wheat export bookings are estimated between 200,000 and 800,000 MT for the week ending 10/15.
--- provided by Brugler Marketing & Management