Wheat Holds Most Gains on Thursday | U.S. Finance News
The wheat complicated closed Thursday with the three main exchanges holding greater. CBT tender crimson wheat futures had been up 1 to 2 cents to close out the day. KC HRW futures posted 2 to three cent positive aspects on Thursday. MPLS spring wheat noticed some blended trade, with September down ¾ cent and Decembre up a penny.USDA’s Export Sales whole from this morning confirmed a whole of 519,752 MT in wheat bookings within the week ending on August 14. That was a 5-week low, down 28.1% from final week, however nonetheless 5.5% above final yr in the identical week. The lead purchaser was Mexico at 119,500 MT, with 90,500 MT bought to South Korea.
Don’t Miss a Day: From crude oil to espresso, signal up free for Barchart’s best-in-class commodity evaluation. Taiwan bought 90,200 MT of wheat from the US in a tender on Thursday. The International Grains Council elevated their outlook for the 2025/26 world wheat output by 3 MMT to 811 MMT. Consumption was elevated by 2 MMT, as stocks had been trimmed by 1 MMT to 264 MMT.Sep 25 CBOT Wheat closed at $5.07, up 1 1/2 cents,Dec 25 CBOT Wheat closed at $5.29 3/4, up 1 1/2 cents,Sep 25 KCBT Wheat closed at $5.03 1/4, up 2 1/2 cents,
Dec 25 KCBT Wheat closed at $5.26, up 2 3/4 cents,Sep 25 MGEX Wheat closed at $5.69 1/4, down 3/4 cent,Dec 25 MGEX Wheat closed at $5.90, up 1 cents,
On the date of publication,
Austin Schroeder
didn’t have (both straight or not directly) positions in any of the securities talked about on this article. All info and knowledge on this article is solely for informational functions.
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