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Wheat Contracts Mostly 1 to 3 Cents Lower
BRUG - 2 hrs 56 mins ago

Wheat futures are fractionally lower in the Chicago contract this morning, with KC HRW and MPLS spring wheat mostly1 to 3 cents lower. The three markets saw fractional to 3 cent losses in most contracts on Tuesday, held back by losses in the rest of the grain complex. The Northern Plains are still lagging harvest pace considerably, with KS now 81% harvested and OK and TX finishing up. Taiwan importers issued a tender to buy 90,650 MT of US wheat on Tuesday, with the tender to close 7/23. Egypt’s GASC has set another buying tender for wheat for late August delivery with the tender to close tomorrow.

--provided by Brugler Marketing & Management

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