US, World Wheat Futures End Steady

Wheat futures worldwide did very little today, but cash markets are noticeably firmer following Egypt’s latest tender result. Egypt secured 175,000 MTs of wheat Russia, which is not surprising, but at an average fob price of $197/MT, a full $10/MT higher than its last purchase in late August. The Russian market continues to find demand,…

Afternoon Weather Update

Active Showers in Plains Sun-Tues; Still No Frost Indicated: The Central US pattern through late month is similar to prior runs. A broad Trough/Ridge upper air flow will persist for another 7-8 days, which will allow ample moisture to work through the entirety of the Plains beginning this weekend. Temps will exist mostly above normal…