Wheat Showing Mixed Trade at Wednesday’s Midday

Austin Schroeder Barchart Wed Jan 15, 12:09PM CST
Harvest machine approaching with foreground of wheat by Jodie777 via iStock

The wheat market is trading mixed so far on Wednesday. Chicago SRW futures are up 1 to 2 cents thus far on the session. KC HRW posting 1 to 2 cent losses at midday. MPLS spring wheat futures are steady to 2 cents higher at so far on the session.

Portions of the Western Plains have very little snow cover, with little precip in the forecast and a cold front coming in this weekend.

FranceAgriMer saw a slight uptick in expected trench soft wheat stocks at 2.9 MMT, up 0.03 MMT from the month prior, as exports inside the EU were trimmed slightly.

Mar 25 CBOT Wheat  is at $5.47 3/4, up 1 1/2 cents,

May 25 CBOT Wheat  is at $5.59 1/4, up 1 cent,

Mar 25 KCBT Wheat  is at $5.59 1/4, down 1 1/2 cents,

May 25 KCBT Wheat  is at $5.69, down 1 1/4 cents,

Mar 25 MGEX Wheat  is at $5.89 3/4, up 1/4 cent,

May 25 MGEX Wheat  is at $6.00 1/4, up 2 cents,


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.