# Minneapolis Wheat enjoying premium status - Brownfield Ag News

> Minneapolis spring wheat futures traded at a premium of over $1.25 to Chicago and Kansas City wheat, with the spread about 40 percent versus a normal 15 percent. Analysts said the strength reflects tight supply of high-protein milling wheat rather than speculation. Buyers on the export side are starting to resist the high prices.

- Date: 2016-12-07 · published 2016-12-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6325-minneapolis-wheat-enjoying-premium-status-brownfield-ag-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tight supply of high-protein spring wheat supports prices for that class, but resistance from export buyers could cap the rally. Feed buyers may see less benefit from this premium than milling buyers.

## Read by commodity

- WHEAT: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/minneapolis-wheat-enjoying-premium-status/

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