Wheat Pit Mar '13 (WH13)
Wheat (Pit) Futures Market News and Commentary
The wheat complex slipped lower into the weekend. Chicago SRW contracts closed with 2 ¼ to 3 ¼ cent losses, as July was up 4 ½ cents for the week. KC HRW futures saw fractional to 3 3/4 cent lower trade at the close, with July 13 ¾ cents higher this week. MPLS spring wheat posted 1 ¼ to 8 ½ cent losses on Friday, with July down 1 ¼ cents over the course of the week.
Commitment of Traders data showed managed money liquidating more length in the Chicago market, dropping the outright longs by 16,852 contracts and increasing the shorts by 4,684 contracts. The net short was increased by 21,536 contracts to 79,407 contracts as of Tuesday. In KC wheat, spec funds flipped their position to a net short of 4,543 contracts, by a bear move of 18,020 contracts. Â
FAS released their weekly Export Sales data with new crop business at 4.591 MMT as of June 4 to start the 2026/27 marketing year. That is at 21.77% of the USDA export projection, compared to the 5-year average pace of 23.18%... Read more
Barchart · 1 hour ago
The wheat complex slipped lower into the weekend. Chicago SRW contracts closed with 2 ¼ to 3 ¼ cent losses, as July was up 4 ½ cents for the week. KC...
Barchart · 1 hour ago
Soybeans posted slight losses on Friday, with contracts steady to 2 ¼ cents in the red. Jule was down 8 cents on the week, with November slipping 5 ½...
Barchart · 1 hour ago
Corn futures slipped into the Friday close, with contracts steady to 1 ¾ cents higher on the day. July was down 4 ¾ cents this week, with December down...
Walsh Trading · Fri Jun 12, 4:14PM CDT
Plant closings pressure cattle
Walsh Trading · Fri Jun 12, 3:15PM CDT
Bearish Weather Being Priced in.
Swift Trading Company · Fri Jun 12, 2:37PM CDT
In my opinion, more indecision surfaced in this week's trading as traders kept fats within the two-day range of 6/4 & 6/5.
Barchart · 16 minutes ago
Home Depot and Lowe’s both offer similar appeal, but valuation, yield, and dividend-growth history make this matchup closer than it looks.
Barchart · 1 hour ago
Lean hog futures were up 25 to 82 cents across most contracts on Friday, with expiring June up 25 cents. July was down $1.35 this week. USDA’s national...
Barchart · 1 hour ago
Live cattle futures gave back some of this week’s strength on Friday, with contracts down $1.05 to $1.625 at the close. August was down just 47 cents...
Barchart · 1 hour ago
Cotton futures closed with 4 to 49 points on Friday, with July still down 81 points on the week, as December fell 106 points. Crude oil was down $3.50...
Barchart · 1 hour ago
Soybeans posted slight losses on Friday, with contracts steady to 2 ¼ cents in the red. Jule was down 8 cents on the week, with November slipping 5 ½...
Barchart · 1 hour ago
The wheat complex slipped lower into the weekend. Chicago SRW contracts closed with 2 ¼ to 3 ¼ cent losses, as July was up 4 ½ cents for the week. KC...
Barchart · 1 hour ago
Corn futures slipped into the Friday close, with contracts steady to 1 ¾ cents higher on the day. July was down 4 ¾ cents this week, with December down...
Barchart · Fri Jun 12, 3:45PM CDT
Stifel raised its price target on Carnival stock to $36. Analyst Steven Wieczynski explained his bullish view on CCL shares in a research note today.