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Barchart
Barchart
Austin Schroeder

EXPLAINED: Wheat closes monday mixed with spring wheat strength | Rare Historical Photos

The wheat complex posted mixed Monday action, with the winter wheat leading the charge lower and spring wheat holding up. Chicago SRW futures were 4 to5 cents in the red on Monday. KC HRW futures were down 3 to 4 cents. MPLS spring wheat futures were steady to 3 cents in the green on the day. 

Winter wheat crop planting was tallied at 97% as of Sunday, matching the average pace, with emergence at 87% and 2 points behind average. The last Crop Progress report for the year showed 48% of the US crop at good/excellent, 3 points ahead of last we but 7 points below last year. 

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