Wheat Markets Start Off on Plus Side
BRUG - Wed Nov 27, 7:26AM CST

The three US wheat futures markets are all higher this morning, from fractions of a cent to 2 3/4 cents per bushel. Wheat futures were 3/4 to 4 1/4 cents lower after Turnaround Tuesday profit taking. Chicago SRW followed a 15 cent gain on Monday with losses of 3/4 to 1 3/4 cents. Kansas City wheat futures were also down after the session, with losses of as much as 3 3/4 cents in nearby contracts. MPLS wheat was mixed at the close as the front months saw losses of 4 1/4 cents and May-Dec 2020 showed positive moves. There are currently zero stocks in deliverable position that are registered for delivery against Chicago Dec futures. First notice day is Friday.

-- provided by Brugler Marketing & Management

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