Hard Red Wheat Futures PricesTue, Oct 21st, 2014
Latest Brugler Hard Red Wheat Report
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Wheat futures closed with gains of 1 to 8 cents on the day. Front month contracts in all three classes were rallying together, but closed 4 to 6 cents off of their session highs. CHI wheat was the strongest with the front three contracts breaking through to trade at their highest levels since Sept. 11 earlier this morning. The US winter wheat crop is now estimated to be about 76% planted. Emergence is 6 points ahead of normal at 56%. Colorado is done planting, and is shown as 83% emerged. Nebraska is almost done, and 89% of its crop is out of the ground already. Gulf barge bids for October CIF SRW wheat jumped a nickel in the Midday report, at +95 cents over December futures.
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