Wheat futures weakened on Wednesday, with Chicago SRW down 10 to 13 cents and KC HRW lower by 2.5 to 7.5 cents at the close. The move was pressured by a $4.48 decline in crude oil prices, which added broader commodity headwinds. MPLS spring wheat also posted losses, indicating soft sentiment across the wheat complex.
Wheat futures weakened on Wednesday, with Chicago SRW down 10 to 13 cents and KC HRW lower by 2.5 to 7.5 cents at the close. The move was pressured by a $4.48 decline in crude oil prices, which added broader commodity headwinds. MPLS spring wheat also posted losses, indicating soft sentiment across the wheat complex.
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Request a DemoOverall Sentiment
mildly negative
Sentiment Score
-0.35
