The wheat market is higher across all three exchanges by midday. Chicago SRW contracts have risen 10 to 12 cents, while KC HRW futures are up the same amount. MPLS spring wheat has gained 5 to 6 cents. The July futures contract expires on Tuesday.
USDA NASS crop progress data indicated that 67% of the U.S. winter wheat crop had been harvested by Sunday, six percentage points above the norm. Spring wheat was 72% headed, matching the five‑year average. Spring wheat condition was reported at 58% good to excellent, a one‑point increase, while the Brugler500 index fell three points to 351. Montana’s rating dropped 18 points, Idaho and South Dakota each slipped seven points; however, Minnesota improved by eight points and North Dakota by six.
EU wheat exports during the first 12 days of July amounted to 214,904 metric tons, according to EU Commission data, reflecting a decline from 260,897 metric tons in the same period last year.
September 26 CBOT wheat is $6.46 3/4, up 11.5 cents.
December 26 CBOT wheat is $6.61, up 10.5 cents.
September 26 KCBT wheat is $6.77 3/4, up 11.5 cents.
December 26 KCBT wheat is $6.91 3/4, up 10.5 cents.
September 26 MIAX wheat is $6.58 3/4, up 5.5 cents.
December 26 MIAX wheat is $6.79 3/4, up 5.5 cents.
Also Read
- UN Highlights How Sudan’s War Economy Drives a Self‑Sustaining Conflict
- Prime Minister Sharif Directs NDMA to Fortify Inter-Provincial Coordination as Monsoon Rains Intensify
- Russian Strike Kills Three in Odesa as Von der Leyen Arrives in Kyiv for Defence Talks
- Freedom24’s Vision: Platform Ecosystems and AI Driving the Next Financial Services Revolution