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 MarketWheat was under pressure on Tuesday, with losses across the three markets. Chicago SRW futures were 5 ¼ to 8 cents lower on the day. KC HRW futures were 6 ¼ to 9 ¾ cents in the red at the close. MPLS spring wheat was down 7 to 10 cents in the front months on Tuesday. Crude was up $2.52 on the day.
The next week looks dry for much of the Plains from NE to TX, with much of SRW country remaining dry with scattered precip.
The Kansas Crop Progress report from Monday showed winter wheat conditions down 4% to 52% good/excellent, with the Brugler500 index down 9 points to 339.
EU wheat production was estimated at 142.6 MMT according to Coceral, down 1.3 MMT from the previous estimate. The European Commission estimates the EU wheat exports at 16.77 MMT from July 1 to March 15, up 1.23 MMT from the same period last year.
May 26 CBOT Wheat closed at $5.89 3/4, down 7 1/2 cents,
Jul 26 CBOT Wheat closed at $6.00 3/4, down 7 cents,
May 26 KCBT Wheat closed at $6.06 3/4, down 9 3/4 cents,
Jul 26 KCBT Wheat closed at $6.21 1/4, down 9 1/4 cents,
May 26 MIAX Wheat closed at $6.24 1/4, down 9 3/4 cents,
Jul 26 MIAX Wheat closed at $6.39 1/2, down 10 cents,
