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 bounced back to close out the Wednesday session with the SRW and spring wheat contracts posting strength and HRW weaker. Chicago SRW futures were up 5 to 8 cents. Kansas City HRW contracts saw slight losses of 1 to 2 cents on Wednesday. MPLS spring wheat was up 4 to 9 cents at the close.
Precipitation is expected to make its way across parts of the Southern Plains over the next couple days. Another round of showers are forecast for the TX panhandle to western KS into early next week according to NOAA.
Export Sales data will be released on Thursday morning, with US bids still somewhat competitive on the world market. Traders are looking for old crop business to be in a range of 200,000 MT in net reductions to 300,000 MT in sales as we enter the last month of the marketing year. New crop is expected to total 100,000 to 400,000 MT.
May 25 CBOT Wheat closed at $5.13, up 7 1/4 cents,
Jul 25 CBOT Wheat closed at $5.30 3/4, up 5 1/4 cents,
May 25 KCBT Wheat closed at $5.14 1/4, down 1 cent,
Jul 25 KCBT Wheat closed at $5.29 1/2, down 1 1/2 cents,
May 25 MGEX Wheat closed at $6.14, up 9 cents,
Jul 25 MGEX Wheat closed at $5.97, up 4 1/4 cents,
