US Wheat Futures End Mixed; KC/MGE Gain on Chicago: CBOT wheat futures ended slightly lower, but other contracts, including in Europe, ended higher by varying degrees. Sep Paris milling wheat rallied €10/MT ($.25/Bu). European wheat export potential remains record large, and importers will begin to seek new crop supply coverage in early summer. North American…
US Wheat Ends Sharply Lower as Market Slows Future Export Demand: US wheat futures ended 15-26 cents lower, despite a worsening of drought across the Plains, as current prices are working to ration available US supply. US export sales through the week ending April 14 totaled just 1 Mil Bu, vs. 4 Mil the previous…
US Wheat Ends Slightly Lower as European Market Fails to Rally: US wheat futures ended slightly lower. It’s difficult to be bearish of wheat below 10.75 spot CBOT, and $11.40 spot KC as the Russian war against Ukraine carries on in the Donbas. ARC reiterates that seasonal trends turn neutral in late spring and EU…
US Wheat Futures Correct on Weak European Market: US wheat futures ended weaker, led by CBOT contracts, as Paris milling was unable to build upon last week’s rally. The EU market will be the proxy for Ukrainian conflict and Black Sea grain flows moving forward. ARC also notes Gulf HRW is offered a sizable $35-60/MT…
US Futures Rally on Drier Plains Forecast; Crop Rating Stays Historically Low: US futures ended sharply higher and the European market is expected to follow on Tuesday. Rainfall across the Southern and Central Plains has been diminished from 10-day forecast, and unfortunately areas most impacted by drought will see limited relief through the balance of…
Contact
submission
You have successfully added an item to your cart! You may view the contents of your cart and proceed with checkout, or continue shopping.
Multiuser
subscription
How many users would you like to add?
