
Wheat futures rallied on Tuesday with CBOT soft red wheat up 9 cents, KC HRW up 9 to 10 cents and MPLS spring wheat up 4 to 5 cents. The dollar index fell about 0.635 points, supporting the complex.
NASS showed the U.S. spring wheat harvest 94% complete and winter wheat planting slightly behind average.
The weaker dollar supports U.S. wheat export competitiveness and prices, while harvest progress is largely priced in.
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.