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Wheat Sep '17 (ZWU17)

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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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Tue Jul 25, 11:34AM CDT
Wheat futures are mostly 9 to 10 1/2 cents lower in the CBT and KC contracts, as MPLS is 24 1/4 cents lower in the front month. The 2017 US winter wheat harvest is 84% completed, ahead of last year’s 82% and the average of 80%. The Spring wheat crop is 96% headed, as the 2017 spring wheat tour starts today. Spring wheat condition ratings dropped another 1% to 33% g/e as expected. The Brugler500 index is now at 277, down 1 point from last week. ND ratings were up 2 points, as MT was unchanged. SD conditions were down 4 points, with ID down 11 and WA 8 points lower. Egypt’s GASC is seeking wheat for Sep 1-10 delivery, as the lone US offer was $213 FOB, with Russia presenting the lowest offer at $202.35 FOB. Results will be announced this afternoon. Sep 17 CBOT Wheat is at $4.78 1/4, down 10 1/2 cents, Sep 17 KCBT Wheat is at $4.78, down 9 1/2 cents, Sep 17 MGEX Wheat is at $7.26 1/4, down 24 1/4 cents
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