Skip to main content

Market Overview

Wheat Little Changed

Share:

Wheat futures are trading steady Tuesday morning after Monday's decline. September Chicago Wheat is trading at 533 1/4, up 1/2 of a cent and December Chicago Wheat is trading at 542 3/4, up 1/4 of a cent. September Kansas City Wheat is trading at 527 1/2, up 2 cent and December Kansas City Wheat is trading at 547, up 1 3/4 cents.

On Monday the USDA reported that weekly wheat export inspections were 489,089 tons. Wheat export inspections are just over 9 percent of the USDA forecast versus the five-year average of about 13 percent. Market chatter about Black Sea wheat supplies has led to some selling on rallies. Market talk about U.S. weather and harvest continues.

 

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