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Grain Central's daily market wire lists mid-August closes: Chicago December wheat 474.5c, Kansas 404.25c, Minneapolis 514.75c, December corn 371c, November soybeans 870.75c and Brent crude $58.23. The wire also notes the Kansas-Chicago spread's wide 89c low showing weak convergence.
Routine closing data show wheat and corn near multi-month lows, and the wide KC-Chicago spread favors HRW wheat as a feed option for buyers.
graincentral.comGuest AuthorAug 16, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
