Market Overview

Wheat Futures Trading Higher

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December Chicago Wheat is trading at 422 1/2, up 6 1/2 cents/bushel. March Chicago Wheat is trading at 440 1/4, up 5 3/4 cents/bushel. December Kansas City Wheat is trading at 419, up 5 cents/bushel.

Chatter about global demand for U.S. wheat and talk about higher wheat prices in parts of Northern China due to tight supply of quality wheat is showing up.

The USDA weekly export sales report for wheat is due out at 8:30 a.m. ET.

Posted-In: Wheat futuresFutures Commodities Markets

 

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