Wheat futures rallied, rising double digits on Wednesday and remaining higher across three markets on Thursday; Chicago SRW futures were up roughly 11 to 14 3/4 cents and KC HRW futures up about 18 1/4 cents. Open interest showed modest rotation, increasing by just 472 contracts, indicating price-driven buying with limited new speculative length.
Wheat futures rallied, rising double digits on Wednesday and remaining higher across three markets on Thursday; Chicago SRW futures were up roughly 11 to 14 3/4 cents and KC HRW futures up about 18 1/4 cents. Open interest showed modest rotation, increasing by just 472 contracts, indicating price-driven buying with limited new speculative length.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.30
