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Barchart
Barchart
Austin Schroeder

FOUND: Wheat find support late to post tuesday gain | Mind Blowing Facts

The wheat complex ended the Tuesday session with some strength. Chicago SRW futures were steady to a penny higher in the nearbys. KC HRW futures were up 2 to 3 cents across the front months. MPLS spring wheat was 2 to 3 cents higher at the close. The US dollar index shot lower on the day, down $1.282 to $95.575 and providing some support.

After premium was taken out on Monday following last weekend’s snow/cold event, the next week looks to be drier for much of the country. Cooler temps are expected to hold for the next week before seeing above normal temps further into February.

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