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Early Tuesday trade showed wheat weakening after a firmer Monday close, with Dec 26 CBOT wheat at $6.06 1/2. NASS data showed the US winter wheat crop 83% planted and 44% rated good/excellent.
Weekly US wheat export inspections were the lowest for any week since records began in 1983.
Routine price commentary with weak US export shipments points to ample near-term supply, a mild bearish influence on wheat feed costs. Russia's IKAR export estimate is a background factor.
barchart.comAustin SchroederNov 3, 2026Not 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.
