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 posted gains across the three exchanges to close out the Monday session. Chicago SRW futures closed with 5 to 6 cent gains. KC HRW futures were 5 to 6 cents in the green at the final bell. MPLS spring wheat was fractionally higher at the close.
Monday morning’s Export Inspections report showed a total of just 183,305 MT (6.74 mbu) of wheat shipped in the week of 1/1. That was 42.47% below the week prior and 55.57% lower than the same week last year. The Philippines was as the largest destination of 74,996 MT, with 70,722 MT shipped to Mexico and 33,571 MT to Japan. The marketing year total is now 15.263 MMT (560.8 mbu) of wheat shipped, which is now 19.64% above the same period last year.
USDA Export Sales data from this morning for the week of Christmas showed just 95,385 MT of wheat sold, below trade ideas looking for between 100,000 to 500,000 MT. That was a marketing year low and down 32.15% from the same week last year.
The last catchup CFTC Commitment of Traders report showed managed money increasing their net short in CBT wheat futures and options as of 12/30 to 94,626 contracts. In KC wheat, spec funds were net short 18,319 contracts last Tuesday, a reduction of 6,430 contracts on that week.
Mar 26 CBOT Wheat closed at $5.12 1/2, up 6 cents,
May 26 CBOT Wheat closed at $5.23 1/2, up 5 1/4 cents,
Mar 26 KCBT Wheat closed at $5.20 3/4, up 5 3/4 cents,
May 26 KCBT Wheat closed at $5.33 1/4, up 5 1/4 cents,
Mar 26 MIAX Wheat closed at $5.71 1/4, up 1/2 cent,
May 26 MIAX Wheat closed at $5.82 3/4, up 1/4 cent,
