
The wheat complex started the week with losses across the three markets on Monday. Chicago SRW futures were 2 ¾ to 7 ½ cents lower. KC HRW futures were fractionally to 3 cents in the red. MPLS spring wheat was mixed, with front months fractionally to a penny lower and deferreds slightly higher.
The Kansas Crop Progress report showed winter wheat conditions down 6% to 46% good/excellent, with the Brugler500 index down 11 points to 328.