Wheat (P) Futures PricesWed, Oct 29th, 2014
Latest Brugler Wheat (P) Report
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Wheat futures are trading mixed within a few cents of even money. Trade ideas for USDA weekly export sales were in the 300-400,000 MT range. USDA put the actual total for last week at 459,100 MT. IKAR is projecting the 2015 Russian wheat crop will only be 46.5 MMT. SovEcon put it at 50 MMT. It was just recently planted, but is going into the winter with poor stands in several places.
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