Wheat Gaining into Wednesday
Morning wheat futures are working near their highs on 1 to 7 cent gains across the domestic classes. The wheat market was mostly higher on Tuesday. Chicago prices ended with to 5 cent gains. KC wheat closed fractionally mixed to 1 cents higher. Spring wheat futures ended the day with a penny to 3 cent gains.
There were 161 delivery notices overnight against September CBT wheat, mostly put out by Marex and StoneX customers.
The Weekly Crop Progress report from USDA had 1% of the national 24/25 winter wheat crop planted via 9% in WA, and 8% in SD. That compares to 3% for the 5-yr average.