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Market Impact: 0.2

Wheat Closes with Mixed Action on Tuesday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Wheat futures traded mixed, with Chicago SRW futures down 4 to 11 cents across most contracts and KC HRW front months falling 2 3/4 to 5 3/4 cents. The weakness was concentrated in winter wheats, while deferred KC contracts held firmer, indicating a modestly defensive tone in the grain market.

Analysis

Wheat futures traded mixed, with Chicago SRW futures down 4 to 11 cents across most contracts and KC HRW front months falling 2 3/4 to 5 3/4 cents. The weakness was concentrated in winter wheats, while deferred KC contracts held firmer, indicating a modestly defensive tone in the grain market.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15