S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe wheat complex closed Friday on a mixed note, as futures failed to hold much strength into the close. Chicago SRW futures settled with slight fractional gains, as May was 18 ¾ cents in the red this week. Kansas City HRW contracts were able to sneak out fractional gains in the front months, as May fell 19 ½ cents on the week. MPLS spring wheat closed the day with contracts down 1 to 2 cents as May was 13 ¾ cents lower this week. May options expired today.
The Friday afternoon Commitment of Traders report indicated managed money peeling back, 6,510 contracts from their net short position in Chicago wheat futures and options to 89,929 contracts. In KC wheat they were adding back to their net short by 9,252 contracts to 56,624 contracts.
Export Sales data showed a total of 21.483 MMT of wheat sold for shipment since June 1, which is 14% above the same time last year. Still, it is just 96% of the USDA forecast, behind the 103% average sales pace.
The FranceAgriMer estimates the French soft wheat crop at 74% good/excellent, down from 75% last week.
May 25 CBOT Wheat closed at $5.30, up 3/4 cent,
Jul 25 CBOT Wheat closed at $5.45, up 1/2 cent,
May 25 KCBT Wheat closed at $5.38, up 1/4 cent,
Jul 25 KCBT Wheat closed at $5.51, up 1/4 cent,
May 25 MGEX Wheat closed at $5.91 1/4, down 1 1/4 cents,
Jul 25 MGEX Wheat closed at $6.06 1/4, down 1 1/2 cents,
