Wheat Easing Back to Start Wednesday Trade

Winter wheat contracts are trading lower at the start of the midweek session, while spring wheat is steady to slightly higher. The wheat complex was stronger on Tuesday, with Chicago SRW futures up 7.5 to 10 cents and open interest rising 2,101, suggesting active positioning rather than a major fundamental shift.

Analysis

Winter wheat contracts are trading lower at the start of the midweek session, while spring wheat is steady to slightly higher. The wheat complex was stronger on Tuesday, with Chicago SRW futures up 7.5 to 10 cents and open interest rising 2,101, suggesting active positioning rather than a major fundamental shift.