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Wheat Jul '17 (ZWN17)

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Brugler report

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Fri May 26, 4:44PM CDT
Wheat futures settled higher to end the week. CBT was the strongest with gains of 4 to 7 1/2 cents. KC was 4 3/4 to 6 1/4 cents higher, as it was the only exchange to lose ground in the front month since last Friday. MPLS was steady to 6 1/2 cents in the green. Trade reports are estimating 20% of HRW wheat in TX has been harvested, with OK at 3%. We’ll get the NASS counts on Tuesday. The Friday afternoon COT report showed spec funds lowering their net short position by 8,174 contracts to 113,211 contracts in CBT wheat futures and options trading. Japan purchased 79,930 MT of US wheat in their weekly tender on Thursday. Jul 17 CBOT Wheat closed at $4.38 1/4, up 7 1/2 cents, Jul 17 KCBT Wheat closed at $4.37 1/2, up 6 1/4 cents, Jul 17 MGEX Wheat closed at $5.68 3/4, up 6 1/2 cents
  • Detecting Wheat Trend; Pound Tanks

    Detecting Wheat Trend; Pound Tanks

  • Morning Grains. 05/26/17

    Alerts History • 25-May-2017 07:30:00 AM – IGC MAINTAINS FORECAST FOR 2017/18 WORLD CORN CROP AT 1.026 BILLION TONNES • 25-May-2017 07:30:00 AM –...

  • Must Be Technical


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