Wheat futures are rebounding after early weakness, with Chicago SRW contracts fractionally higher at midday and KC HRW up 5 to 6 cents. MPLS spring wheat is leading, gaining 7 to 8 cents. NASS Crop Progress data showed 74% of the US winter wheat crop at the stage/condition reported in the update, supporting the turn to gains.
Wheat futures are rebounding after early weakness, with Chicago SRW contracts fractionally higher at midday and KC HRW up 5 to 6 cents. MPLS spring wheat is leading, gaining 7 to 8 cents. NASS Crop Progress data showed 74% of the US winter wheat crop at the stage/condition reported in the update, supporting the turn to gains.
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mildly positive
Sentiment Score
0.12
