Wheat Down at Midday
BRUG - Wed Nov 27, 12:03PM CST

The three US wheat futures markets are all lower following gains in overnight trading. MPLS HRS wheat is leading the way lower at midday with losses 2 1/4 to 4 1/4. Chicago SRW is 1 1/4 to 2 1/2 lower at midday, and KC HRW is down by as much as 2 3/4 cents at midday. Jordan bought 60,0000 MT of hard wheat in an international tender at $239.30 /T and optional origin, for April 2020 delivery. There are currently zero stocks in deliverable position that are registered for delivery against Chicago Dec futures. First notice day is Friday.

DEC 19 CBOT Wheat is at $5.27 3/4, down 2 1/2 cents,

DEC 19 KCBT Wheat is at $4.30, down 2 1/2 cents,

DEC 19 MGEX Wheat is at $4.89 3/4, down 4 1/4 cents

-- provided by Brugler Marketing & Management

Market Commentary provided by:

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