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Barchart
Barchart
Austin Schroeder

SHOCKING: Wheat posts mixed trade on tuesday - You Need To See This

Chicago SRW MPLS USDA WASDE CBOT KCBT United States

The wheat complex was mixed across the three markets on Tuesday. Chicago SRW futures were fractionally lower on the day.  KC HRW futures saw 1 to 3 cent gains on Tuesday. MPLS spring wheat was 1 to 2 ¼ cents higher on the day.

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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