The wheat advanced is falling on Friday’s noon, with all three markets taking losses. CBT gentle pink wheat futures are 7 to 9 cents within the pink on Friday. Preliminary open curiosity was up 10,762 contracts. KC HRW futures are down 6 to 7 cents at noon. MPLS spring wheat futures are 5 to 7 cents decrease up to now on the day.
Winter wheat planting ought to be capable of close to its finish within the coming weeks, with the following 7 days wanting dry for a lot of the rising area.
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For the present crop, SovEcon estimates manufacturing to whole 87.8 MMT, a 0.6 MMT improve from the earlier quantity. The French winter wheat crop is estimated at 5% planted as of October 6 in line with FranceAgriMer.
Dec 25 CBOT Wheat is at $4.98 3/4, down 7 3/4 cents,
Mar 26 CBOT Wheat is at $5.15 3/4, down 8 1/4 cents,
Dec 25 KCBT Wheat is at $4.83 1/2, down 6 1/4 cents,
Mar 26 KCBT Wheat is at $5.05, down 6 1/4 cents,
Dec 25 MGEX Wheat is at $5.51 1/2, down 5 1/2 cents,
Mar 26 MGEX Wheat is at $5.71, down 6 1/4 cents,
On the date of publication,
Austin Schroeder
didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All info and knowledge on this article is solely for informational functions.
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