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Wheat Starting Monday with Gains

Commodity FuturesCommodities & Raw MaterialsMarket Technicals & Flows

Wheat futures opened Monday higher across all three markets after a mixed Friday close, with Chicago SRW front-month contracts still down as much as 7 1/4 cents in some deferreds. The move reflects routine price action in the wheat complex rather than a major fundamental catalyst, with winter wheat weaker and spring wheat firmer.

Analysis

Wheat futures opened Monday higher across all three markets after a mixed Friday close, with Chicago SRW front-month contracts still down as much as 7 1/4 cents in some deferreds. The move reflects routine price action in the wheat complex rather than a major fundamental catalyst, with winter wheat weaker and spring wheat firmer.

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