Wheat Mar '18 (ZWH18)
Price PerformanceSee More
|Period||Period Low||Period High||Performance|
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+40-0 (+8.78%)since 02/14/18
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+77-4 (+18.53%)since 12/14/17
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+2-2 (+0.46%)since 03/14/17
More Wheat QuotesAll Futures
Agricharts Market Commentary
Wheat futures ended the Tuesday session with 12 to 16 1/2 cent losses in most contracts. Pressure came from higher spring wheat conditions on Monday’s report and a somewhat fast paced winter wheat harvest so far. The winter wheat crop is 65% harvested in TX, with OK at 73% and KS 23% complete as of Sunday, all well ahead of normal. NASS tallied condition ratings up 4 in KS, with TX 20 points higher and OK down 1. Spring Wheat ratings were higher in every state, with ND up 17 points. Taiwan is looking for 95,350 MT of US wheat, with the tender to close next Tuesday. Japan is seeking 91,188 MT of Wheat from Australia and the US, with the tender to close on Thursday and 65,943 sought from the US. Egypt’s GASC purchased 240,000 MT of Romanian wheat in their tender on Tuesday.Jul 18 CBOT Wheat closed at $4.77 3/4, down 12 1/4 cents,Jul 18 KCBT Wheat closed at $4.83, down 16 1/2 cents,Jul 18 MGEX Wheat closed at $5.49 1/2, down 14 1/4 cents
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