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Market Impact: 0.25

Wheat Showing Modest Thursday Morning Gains

Commodities & Raw MaterialsGeopolitics & WarTrade Policy & Supply Chain

Wheat prices are rising Thursday morning, with contracts up marginally—up to about 4 cents across the three exchanges. The broader rally followed Wednesday as export concerns from the Black Sea supported the wheat complex, lifting Chicago SRW by roughly 26 to 32.5 cents in the earlier move.

Analysis

Wheat prices are rising Thursday morning, with contracts up marginally—up to about 4 cents across the three exchanges. The broader rally followed Wednesday as export concerns from the Black Sea supported the wheat complex, lifting Chicago SRW by roughly 26 to 32.5 cents in the earlier move.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15