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Idaho Farm Bureau's Podcast
Farm Bill closer to passage-Monday Markets looking good!
June 04, 2018 Idaho Farm Bureau
Idaho Farm Bureau's Podcast

Farm Bill closer to passage-Monday Markets looking good!

June 04, 2018

Idaho Farm Bureau

Wheat futures saw losses of 2 to 4 cents in most nearby winter wheat contracts, with MPLS down 6 to 8 cents. On the week, front-month KC was down 3.4%, with Chicago 4% lower. US wheat export commitments are just 4.5 MMT. That is down 31% from the first week, and demand for new crop US wheat has been sluggish.
Wheat futures saw losses of 2 to 4 cents in most nearby winter wheat contracts, with MPLS down 6 to 8 cents. On the week, front-month KC was down 3.4%, with Chicago 4% lower. US wheat export commitments are just 4.5 MMT. That is down 31% from the first week, and demand for new crop US wheat has been sluggish.
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