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Barchart
Barchart
Austin Schroeder

HISTORICAL FACTS: Wheat facing losses on tuesday - Caught on Camera

The wheat complex is falling lower across the three markets on Tuesday. Chicago SRW contracts are 2 to 3 cents in the red. KC HRW futures are 7 to 8 cents lower. MPLS spring wheat is showing 5 to 6 cent losses at midday.

Weekly NASS Crop Progress data showed 76% of winter wheat crop was planted as of Sunday, now lagging the 5 year average for planting pace by 1 percentage point. Emergence was at 53%.

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