Market Overview

Wheat Futures Trading Higher

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March Chicago Wheat is trading at 427, up 3 3/4 cents/bushel. May Chicago Wheat is trading at 438 1/4, up 3 1/2 cent/bushel. March Kansas City Wheat is trading at 437 3/4, up 4 1/4 cents/bushel.

Wheat futures are trading higher early Monday morning. The USDA reported on Friday that wheat export sales for the current marketing year as of December 29th are now 78.9 percent of the agency forecast versus the five year average of 73.9 percent. The USDA crop report and wheat seeding report is scheduled for release on Thursday January 12th at 12:00 p.m. ET.

Posted-In: Wheat futuresFutures Commodities Markets

 

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