Wheat futures finished lower across all three exchanges on Monday, with Chicago SRW down 8 to 10 1/4 cents, KC HRW off 3 3/4 to 5 1/4 cents, and July KC down 11 cents. MPLS spring wheat also declined 4 1/2 to 6 3/4 cents, indicating broad weakness in the wheat complex. The move appears routine for grain markets and is likely more relevant to commodity traders than to the broader market.
Wheat futures finished lower across all three exchanges on Monday, with Chicago SRW down 8 to 10 1/4 cents, KC HRW off 3 3/4 to 5 1/4 cents, and July KC down 11 cents. MPLS spring wheat also declined 4 1/2 to 6 3/4 cents, indicating broad weakness in the wheat complex. The move appears routine for grain markets and is likely more relevant to commodity traders than to the broader market.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
