Skip to main content

Market Overview

Wheat Little Lower

Share:

Wheat futures are trading a little lower Thursday morning. September Chicago Wheat is trading at 562 1/2, down 4 1/4 cents and December Chicago Wheat is trading at 569 1/2, down 5 cents. September Kansas City Wheat is trading at 553 1/4, down 5 3/4 cents and December Kansas City Wheat is trading at 573, down 6 cents.

Market talk about better yields for Russia wheat production have moved the estimates of the Russian wheat crop to around 58-60 million tons versus last week's USDA estimate of 57 million tons. Chatter that El-Nino's impact in Australia is less than previously thought has been making the rounds.

 

Related Articles

View Comments and Join the Discussion!

Posted-In: WheatFutures Commodities Markets

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com