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Wheat Bouncing on Thursday Morning

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Wheat contracts opened higher Thursday across three markets after the complex came under pressure Wednesday. Chicago SRW futures dropped 13 to 17.75 cents in the nearby contracts on Wednesday, with selling attributed in part to flows linked to crude oil weakness. Open interest was mentioned but not fully reported in the article.

Analysis

Wheat contracts opened higher Thursday across three markets after the complex came under pressure Wednesday. Chicago SRW futures dropped 13 to 17.75 cents in the nearby contracts on Wednesday, with selling attributed in part to flows linked to crude oil weakness. Open interest was mentioned but not fully reported in the article.

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