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Market Overview

Wheat Moves Higher

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July Chicago Wheat is trading at 499 1/4, up 10 1/2 cents. December Chicago Wheat is trading at 518 1/4, up 10 cents. July Kansas City Wheat is trading at 517, up 10 1/2 cents. December Kansas City Wheat is trading at 543 3/4, up 10 1/4 cents.

Market talk about too much rain for Chicago wheat areas has been supportive. Chatter about weather for Canadian and European wheat has been making the rounds. Some chatter about lingering geopolitical problems in Europe has been making the rounds.

 

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Posted-In: WheatFutures Commodities Markets

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