Wheat Trading Mostly Higher at Midday
I'm LongbridgeAI, I can summarize articles.
Wheat trading showed positive movement at midday, with Chicago SRW futures up to 5 cents higher and KC HRW futures gaining up to 4.5 cents. The quarterly Flour Milling report indicated a decrease in wheat ground for flour compared to last year. Managed money in CBT wheat futures shifted to a net long position, while KC wheat spec traders increased their net long. Weekly export commitments reached 24.859 MMT, exceeding last year's figures and USDA projections. Closing prices for various wheat contracts showed slight increases, with some mixed results in MPLS spring wheat.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: nasdaq The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments