Wheat (P) Futures PricesThu, Aug 25th, 2016
Latest Brugler Wheat (P) Report
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Wheat futures are trading a few cents lower at midday. Trader ideas for this morning’s USDA weekly Export Sales report ran 300,000 to 625,000 MT, and the actual figure from USDA was on the lower end of ideas, at 397,700 MT. Shipments were down 21% week/week at 564,000 MT. Gulf CIF SRW Barge bids are steady at 30 cents over Sept futures, but asks are up a nickel at 37 over. The US Dollar Index is slightly lower on the day, but is currently about 260 points higher on the week.
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