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Barchart
Barchart
Austin Schroeder

BIZARRE: Wheat pulling off lows but still feeling friday pressure - You Need To See This

The wheat complex is trading with contracts 3 to 7 cents lower at midday, but bouncing off the early session lows. Chicago SRW is showing 6 to 7 cent losses on the day. KC HRW futures are slipping 5 to 6 cents at midday, but well off the early losses. MPLS spring wheat is down 3 to 5 cents across most front months at midday.

Several middle eastern countries including Turkey, Egypt and India are in talks over the Black Sea and safe shipment.

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