Soybeans being harvested in the fall
CBT SRW futures are trading with 2 3/4 to 4 1/2 cent gains. KC wheat futures are working with 4 3/4 to 8 1/2 cent gains. Spring wheat futures are currently 9 to 12 cents higher.Â
USDA reported 291,599 MT of wheat was exported during the week that ended 6/1. That was 100k MT lower wk/wk and was 63k MT lower than the same week last year. Nearly half of the export was HRS. That also began the new season, with 57.7k MT of that marked as new crop.Â
Jul 23 CBOT Wheat  is at $6.22, up 3 cents,
Sep 23 CBOT Wheat  is at $6.34 1/2, up 2 1/4 cents,
Cash SRW Wheat  is at $5.71 1/8, up 2 7/8 cents,
Jul 23 KCBT Wheat  is at $8.21 1/4, up 9 cents,
Cash HRW Wheat  is at $7.82 1/4, up 8 3/4 cents,
Jul 23 MGEX Wheat  is at $8.17 1/4, up 9 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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