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Idaho Farm Bureau's Podcast
Monday Markets Flat-IFBF Market podcast
March 04, 2018 Idaho Farm Bureau
Idaho Farm Bureau's Podcast

Monday Markets Flat-IFBF Market podcast

March 04, 2018

Idaho Farm Bureau

Wheat futures posted double-digit losses in MPLS and Chicago futures on Friday and just barely avoided them in KC with 8 cent losses. Profit taking ahead of the weekend was the main driver. Even after the sell-off, KC March futures were up 53 cents for the week. Wheat export shipments totaled 330,000 MT last week, falling 20% from the previous week and 35% behind the same week last year.
Wheat futures posted double-digit losses in MPLS and Chicago futures on Friday and just barely avoided them in KC with 8 cent losses. Profit taking ahead of the weekend was the main driver. Even after the sell-off, KC March futures were up 53 cents for the week. Wheat export shipments totaled 330,000 MT last week, falling 20% from the previous week and 35% behind the same week last year.
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