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Barchart
Barchart
Austin Schroeder

FOUND: Wheat slips lower into the weeks close - What They Never Told You

The wheat complex fell back into the long weekend with losses across the three exchanges. Chicago SRW contracts were down 1 ½ to 7 ¼ cents at the close, with July still up 21 ¼ cents on the week. KC HRW futures closed with losses of 4 ½ to 8 ½ cents on Thursday, as July was up 9 ½ cents on the week. MPLS spring wheat was mixed, down 2 ½ cents to fractionally higher, with July up 4 ¾ cents this week.

The market and government will take Friday off in observance of Juneteenth, with a normal open on Sunday night.

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