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Market Impact: 0.25

Wheat Showing Midday Strength on Thursday

Commodities & Raw MaterialsEnergy Markets & Prices

Wheat futures are higher midday, leading the grain complex, with Chicago SRW up 8 to 11½ cents and KC HRW up 6 to 9¼ cents. Overnight, 25 delivery notices were issued for July wheat futures, signaling some near-term physical demand/positioning support.

Analysis

Wheat futures are higher midday, leading the grain complex, with Chicago SRW up 8 to 11½ cents and KC HRW up 6 to 9¼ cents. Overnight, 25 delivery notices were issued for July wheat futures, signaling some near-term physical demand/positioning support.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15