Wheat Closes Monday with Mixed Action, as Ratings Come in Mixed

Wheat futures finished mixed across the three major contracts: Chicago SRW rose 3 1/4 to 6 1/2 cents, KC HRW was steady to up 5 cents in deferred months, and MPLS spring wheat was down 2 cents. The move reflects routine contract-specific trading rather than a broad directional shift in the grain market.

Analysis

Wheat futures finished mixed across the three major contracts: Chicago SRW rose 3 1/4 to 6 1/2 cents, KC HRW was steady to up 5 cents in deferred months, and MPLS spring wheat was down 2 cents. The move reflects routine contract-specific trading rather than a broad directional shift in the grain market.