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Barchart
Barchart
Austin Schroeder

EXPLAINED: Wheat faces monday weakness | Rare Historical Photos

The wheat complex posted losses across the three exchanges on Monday. Chicago SRW contracts were 2 ¼ to 5 cents in the red at the close. KC HRW futures were fractionally to 4 ½ cents lower on Monday. MPLS spring wheat was down 3 3/4 to 6 3/4 cents at the final bell

Weekly NASS Crop Progress data showed 63% of winter wheat crop was planted as of Sunday, lagging the 5 year average for planting pace by 6 percentage points. Emergence was at 39%.

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