Wheat futures softened modestly on Wednesday, with Chicago SRW contracts steady to 1 cent lower at the close. KC HRW nearby July lost 1 cent, while other contracts were fractionally to 2.75 cents higher; Minneapolis spring wheat was mixed, with some contracts down 3 cents. The move appears routine and technically driven rather than a fundamental shift.
Wheat futures softened modestly on Wednesday, with Chicago SRW contracts steady to 1 cent lower at the close. KC HRW nearby July lost 1 cent, while other contracts were fractionally to 2.75 cents higher; Minneapolis spring wheat was mixed, with some contracts down 3 cents. The move appears routine and technically driven rather than a fundamental shift.
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