The wheat complex was mixed for the week round, in which the spring wheat market was decreasing. CBT soft red wheat futures were 2 to 3 cents in green, which was to shut down that week that says 8 cents below September. KC HRW Futures managed to shut down with 2 to 3 percent profit on Friday, as 11 Ent Saint in September was less. MPLS Spring Wheat slipped back 2 to 3 cents a day, with September 6 ents cents this week.
The weekly commitment of traders data on Tuesday managed funds to add 8,526 contracts to their pure short position in CBT wheat as 89,295 contracts. Casey wheat glasses trimmed 6,508 contracts from his net short to 50,555 contracts
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The export business of export sales from USDA is 11.03 MMT, the largest for the current week since 2013/14. It is also 46% of the USDA forecast, which is generally received 43%.
25 September cbot wheat Closed at $ 5.06 1/2, up to 3 cents,
25 December cbot wheat Closed at $ 5.27, up to 2 1/2 cents,
25 September KCBT Wheat Closed at $ 5.07, up to 2 3/4 cents,
25 December KCBT Wheat Closed at $ 5.28 1/2, up to 2 1/2 cents,
September 25 Magex Wheat Closed at $ 5.70, 2 cents below,
25 December Magex Wheat Closed at $ 5.89 1/4, 2 3/4 cents below,
On the date of publication, the Austin Shroder did not have the positions mentioned in any securities mentioned in this article (either direct or indirectly). All information and data in this article is only for informative purposes. For more information, please see the Barkart Disclosure Policy here.
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