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Austin Schroeder

BIZARRE: Wheat losses extend to wednesday | Mind Blowing Facts

Wheat Chicago SRW KC HRW MPLS CBOT Wheat KCBT Wheat MIAX Wheat

The wheat complex is continuing its weaker trend on Wednesday. Chicago SRW contracts are 7 to 8 ½ cents in the red on Wednesday. KC HRW futures are trading with losses of 4 to 5 cents on the day. MPLS spring wheat is down 5 to 6 cents across the front months at midday.

The next week’s forecast from NOAA’s 7-day QPF shows 1-2 inches in the Plains and spilling over to parts of SRW country.

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