Spring Wheat Futures PricesFri, Sep 4th, 2015
Latest Brugler Spring Wheat Report
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Wheat futures are trading mostly higher at midday after they closed lower on Thursday afternoon. Sept15 CHI and KC wheat sunk below their Thursday lows this morning, marking new contract lows at $4.55 1/2 and $4.40 1/4 respectively. Sept 15 KC wheat is currently 9 cents off its low. Egypt purchased 170,000 MTs of Russian wheat from Glencore and Dreyfus yesterday. Gulf bids CIF SRW eroded a nickel for Jan – Feb shipments in the midday report while the nearby was steady. Just a quick reminder that the markets are closed on Monday, September 7, in observation of Labor Day.
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