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Barchart
Barchart
Austin Schroeder

DARK SECRETS: Wheat starts the week with gains - The Real Truth

Chicago SRW KC HRW MPLS CBOT Wheat KCBT Wheat MIAX Wheat

The wheat complex held onto the gains to start the week. Chicago SRW contracts closed out the Monday session with contracts 5 ½ to 9 ½ cents higher. KC HRW futures were 4 to 7 cents in the green at the Monday close. MPLS spring wheat posted 7 ½ to 10 ½ cent gains on the day.

Weekly NASS Crop Progress data showed 36% of winter wheat crop was planted as of Sunday, lagging the 5 year average for planting pace by 10 percentage points. Emergence was at 16%.

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