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Barchart
Barchart
Austin Schroeder

REVEALED: Wheat collapses lower on tuesday | Rare Historical Photos

Chicago SRW KC HRW MPLS CBOT Wheat KCBT Wheat MIAX Wheat

The wheat complex was pressure across the three markets on Tuesday, with spring wheat leading the bears. Chicago SRW contracts were 8 1/4 to 10 3/4 cents in the red at the close. KC HRW futures posted 13 to 15 1/4 cent losses across the board. MPLS spring wheat was 14 to 24 3/4 cents to lead the bears.

Much if the spring wheat area from MN to ID is expected to receive 1-2 inches of rainfall in the next week, with heavier totals in Canada.

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