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Midday wheat prices are down by 8 to 12 1/2 cents so far in the CBoT market. KC Wheats are fading with 3 3/4 to 6 cent losses. Spring wheat is firmer at midday, but still giving back 1 3/4 to 7 cents as well.Â
Ahead of the weekly Export Sales report the trade expects between 300k and 600k MT of old crop wheat was sold for export. New crop bookings are anticipated to be below 275k MT.Â
Mar 23 CBOT Wheat  is at $7.46 1/2, down 14 3/4 cents,
May 23 CBOT Wheat  is at $7.57 1/4, down 13 1/4 cents,
Cash SRW Wheat  is at $6.86, down 14 5/8 cents,
Mar 23 KCBT Wheat  is at $8.72 3/4, down 6 cents,
Cash HRW Wheat  is at $8.38 1/4, down 4 3/4 cents,
Mar 23 MGEX Wheat  is at $9.17 3/4, down 4 1/2 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. For more information please view the Barchart Disclosure Policy here.
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