Wheat (P) Futures PricesFri, Apr 24th, 2015
Latest Brugler Wheat (P) Report
Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.
Wheat futures posted sharp declines to end the day with double digit losses. For the week, Chicago was down 8 cents and KC was off 6 cents, but Minneapolis picked up a 3 cent gain. Despite better than expected old crop export sales yesterday, the pace (99% of commitments vs. 102% average) still lags that needed to meet the recently reduced USDA forecast for the marketing year ending May 31. Managed money accounts increased their net short positions in CBT and KC wheat during the week ending Tuesday April 21 by -14,502 and -10,041 respectively.
InsideFutures Grains News