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Barchart
Barchart
Austin Schroeder

MYSTERIOUS: Wheat trading mixed on tuesday 672a3836 b6f3 4be7 b5cf c671977c98fc - What They Never Told You

The wheat complex is trading with the three markets mixed, Chicago SRW future are trading with slight 1 to 2 cent losses so far on the day.  KC HRW futures are showing penny gains on Tuesday. MPLS spring wheat is trading with slight loses to 1 ¼ cents at midday

USDA released updated WASDE data this morning, with the US carryout projection for 2025/26 raised by 5 mbu to 931 mbu. That came via a 5 mbu reduction to the food use category. 

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