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 got a positive reaction to the USDA report on Tuesday, rallying across the three markets. Chicago SRW futures were 4 to 9 1/4 cents higher. KC HRW futures saw 3 to 9 1/4 cent gains though contracts were well off the middy highs. MPLS spring wheat was 6 ¼ to 8 cents in the green on the Tuesday session.
March Intentions from this morning showed all wheat acres at 43.775 million acres, 0.905 million acres below trade estimates and 1.553 million below last year. Winter wheat acres were 32.41 million acres, 580,000 below the Winter Wheat Seedings report and down 743,000 from last year. Spring wheat was 428,000 acres shy of estimates and down 485,000 from a year ago at 9.415 million acres. Durum was at 1.95 million acres.
Grain Stocks data was tallied at 1.3 bbu for wheat as of March 1. That was a 63 mbu increase from a year ago but 10 mbu shy of the average trade estimate from Reuters. which would be 73 mbu above a year ago.
May 26 CBOT Wheat closed at $6.16 1/4, up 9 1/4 cents,
Jul 26 CBOT Wheat closed at $6.26 1/2, up 7 3/4 cents,
May 26 KCBT Wheat closed at $6.35 1/2, up 9 1/4 cents,
Jul 26 KCBT Wheat closed at $6.48 3/4, up 8 cents,
May 26 MIAX Wheat closed at $6.59 1/2, up 6 1/2 cents,
Jul 26 MIAX Wheat closed at $6.73 3/4, up 7 1/4 cents,
