Wheat (P) Futures PricesTue, Mar 11th, 2014
Latest Brugler Wheat (P) Report
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Wheat futures are trading 5 to 18 cents higher this morning in the front month Mar 14 contracts. Preliminary OI in CBOT wheat was up a modest 826 contracts. The Mar 14 CBOT contract settled at $6.63, the highest close since early December. Dry weather forecasts for the next two weeks in the South Plains provided a positive influence yesterday. There are also individual trader ideas that some SRW which had been protected by snow cover is now vulnerable to freeze damage.
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