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Winter Wheat Holds onto Gains into the Close, as Spring Wheat Slides

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Wheat futures closed mixed into Wednesday: Chicago SRW was up 3 3/4 to 10 cents, and KC HRW added 6 1/2 to 14 cents across the board. Minneapolis spring wheat was mixed, with some front-month contracts down (exact downside not fully shown in the excerpt). Overall, the tape suggests modest upside in key contracts but no clear directional read-through.

Analysis

Wheat futures closed mixed into Wednesday: Chicago SRW was up 3 3/4 to 10 cents, and KC HRW added 6 1/2 to 14 cents across the board. Minneapolis spring wheat was mixed, with some front-month contracts down (exact downside not fully shown in the excerpt). Overall, the tape suggests modest upside in key contracts but no clear directional read-through.

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