Market Overview

Wheat Futures Little Higher

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December Chicago Wheat is trading at 409 1/4, up 1 1/4 cents/bushel. March Chicago Wheat is trading at 426 1/4, up 1 cent/bushel. December Kansas City Wheat is trading at 416, up 2 1/2 cents/bushel.

Wheat futures are trading steady to a little higher early Monday morning.

Market chatter about street estimates for winter wheat acreage in the U.S. is making the rounds. The recent street estimate for U.S. winter wheat acreage is near 33.8 million acres versus 36.14 million acres a year ago.

Posted-In: Wheat futuresFutures Commodities Markets

 

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