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Market Impact: 0.2

Wheat Weakness Pushes to Thursday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Wheat futures weakened across all three major contracts on Thursday, with Chicago SRW down 5 1/2 to 7 1/2 cents, KC HRW off 3 to 5 cents, and MPLS spring wheat fractionally to 5 1/4 cents lower. The move reflects broad softness in the wheat complex rather than a specific catalyst. Market impact appears limited to the grains complex and is likely modest.

Analysis

Wheat futures weakened across all three major contracts on Thursday, with Chicago SRW down 5 1/2 to 7 1/2 cents, KC HRW off 3 to 5 cents, and MPLS spring wheat fractionally to 5 1/4 cents lower. The move reflects broad softness in the wheat complex rather than a specific catalyst. Market impact appears limited to the grains complex and is likely modest.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25