# Cash bids for wheat, sorghum lower - High Plains Journal

> Cash bids for wheat and sorghum were mostly lower compared with October 29, while corn and soybeans were mixed, according to the USDA National Grain Market Summary. Kansas City December wheat futures closed at $4.94 3/4, down 6 3/4 cents, and wheat planting in Kansas was behind the usual pace.

- Date: 2018-11-05 · published 2018-11-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62134-cash-bids-for-wheat-sorghum-lower-high-plains-journal
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Lower cash bids and slower winter wheat planting point to soft near-term wheat and sorghum values. Buyers should watch whether the planting delay becomes a bigger supply concern.

## Read by commodity

- KWHEAT: bearish ▼
- SORGHUM: bearish ▼

## Sources

- hpj.com: https://hpj.com/2018/11/05/cash-bids-for-wheat-sorghum-lower/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.