Wheat Market Mixed Mostly Higher
Alan Brugler - Barchart - Wed Aug 05, 4:44PM UTC
Wednesday wheat trading has futures moving in both directions through midday. SRW futures are lower in the deferred contracts with fractional to 1 3/4 cent losses. The nearby SRW futures are up by 1/2 to 1 1/4 cents. KC wheat is in the green with gains of as much as 2 3/4 cents so far. MPLS HRS wheat futures are fractionally mixed. June wheat exports from CENSUS was 2.283 MMT. That was the largest start to MY wheat shipments since the 17/18 MY. Traders anticipate USDA will show between 200,000 and 800,000 MT of wheat was sold on the week ending July 30. Egypt’s GASC issued a tender for an unspecified amount of wheat for September delivery. Results are expected later today, with offers from Russia and Ukraine.
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Sep 20 CBOT Wheat is at $5.09 1/2, up 1 1/4 cents,
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Sep 20 KCBT Wheat is at $4.24 3/4, up 2 1/2 cents,
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Sep 20 MGEX Wheat is at $5.02 1/2, up 3/4 cent,
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