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Wheat Posting Mixed Tuesday Trade

Commodities & Raw MaterialsMarket Technicals & Flows

Wheat futures are mixed early Tuesday: Chicago SRW is generally down 1–2 cents while Kansas City HRW is down 3–4 cents at midday. The overnight delivery data shows 3 deliveries against Chicago wheat, including 1 delivery against July KC wheat. Overall tone is slight downside in KC contracts, but direction is not uniform across the complex.

Analysis

Wheat futures are mixed early Tuesday: Chicago SRW is generally down 1–2 cents while Kansas City HRW is down 3–4 cents at midday. The overnight delivery data shows 3 deliveries against Chicago wheat, including 1 delivery against July KC wheat. Overall tone is slight downside in KC contracts, but direction is not uniform across the complex.

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