Wheat futures are in the black across the domestic classes. Prices firmed up from early session weakness. Spring wheat prices are leading the complex higher with gains of as much as 1.3% so far. KC HRW is up 0.65% to -0.9% so far through midday. Front month SRW is in the black with fractional gains to 3 cent gains.Â
Reports from the Black Sea show over 100 vessels remain in Istanbul Turkey awaiting inspection with an average 2 1/2 ships cleared/day. That is down from 4.9 ships/day during October.Â
China will auction 40k MT of wheat from state reserves on 11/30.Â
Rosario Grains Exchange lowered their Argentinian wheat export estimate to 6.5 MMT, from 7, citing lower wheat production.Â
Dec 22 CBOT Wheat  is at $7.93, up 1 1/2 cents,
Mar 23 CBOT Wheat  is at $8.11, up 1/2 cent,
Cash SRW Wheat  is at $7.25 5/8, down 1/4 cent,
Dec 22 KCBT Wheat  is at $9.29 1/4, up 3 3/4 cents,
Cash HRW Wheat  is at $8.91 1/8, up 3 3/4 cents,
Dec 22 MGEX Wheat  is at $9.55, up 9 cents,
On the date of publication, Alan Brugler did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes.
/Nvidia%20logo%20and%20sign%20on%20headquarters%20by%20Michael%20Vi%20via%20Shutterstock.jpg)
/Intel%20Corp_%20Santa%20Clara%20campus-by%20jejim%20via%20Shutterstock.jpg)
