Market Overview

Wheat Futures Little Higher

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May Chicago Wheat is trading at 439 3/4, up 1 cent/bushel. May Kansas City Wheat is trading at 458 1/4, up 1 1/4 cents/bushel.

Wheat futures are trading steady to higher after Monday's weak trading session. Market talk about overseas prices of wheat and demand for U.S. wheat is making the rounds.

The USDA reported on Monday that wheat export inspections as of February 23rd are now 67.8 percent of the agency forecast versus the five year average of 71.1 percent.

Posted-In: Wheat futuresFutures Commodities Markets

 

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