Hard Red Wheat (P) Futures PricesFri, Mar 27th, 2015
Latest Brugler Hard Red Wheat (P) Report
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Wheat futures reversed course with solid gains of 8-12 cents on Friday which erased a portion of the nasty mid-week break. Wheat suffered double-digit losses this week despite the rally: Chicago down almost 23 cents, Kansas City, more than 16 cents and Minneapolis, 14 cents. Managed money is still betting against wheat, by almost 66,000 contracts, although they trimmed that by 1,584 contracts in the CFTC reporting week ending March 24.
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