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Market Impact: 0.25

Wheat Joining the Grain Rally on Monday

Commodities & Raw MaterialsCommodity FuturesEconomic DataMarket Technicals & Flows

Wheat futures are higher on Monday despite a weaker Export Inspections report, helped by spillover demand/support from corn and soybeans. Chicago SRW contracts are up 11–12 cents, while KC HRW futures are higher by 7–9.5 cents on the day.

Analysis

Wheat futures are higher on Monday despite a weaker Export Inspections report, helped by spillover demand/support from corn and soybeans. Chicago SRW contracts are up 11–12 cents, while KC HRW futures are higher by 7–9.5 cents on the day.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.18

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