Hard Red Wheat (P) Futures PricesTue, Nov 25th, 2014
Latest Brugler Hard Red Wheat (P) Report
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Wheat futures are showing solid gains on the day, up 8 to 14 cents in the front months. The US Dollar index is currently more than 200 points lower on the day. Wheat export inspections reported yesterday were much stronger than last week. The US crop is now estimated to be 92% emerged, which is 3 points ahead of the 5yr average. Winter wheat condition ratings slipped 3 points lower on the Brugler500 Index, with some of the cold weather damage starting to show up, particularly in WA, NE and OH. The Russian crop also has challenges.
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