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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
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 Market
Wheat

Wheat Slips Back

The wheat complex failed to hold the Tuesday gains into the close. Chicago SRW futures were 2 to 3 cents lower on Tuesday. KC HRW futures saw steady to fractionally higher trade at Tuesday’s close. MPLS spring wheat closed the day with contracts 4 cent losses.

The next 7 day forecast from NOAA shows 1-2 inches expected for much of SRW country, with very little seen for parts of the Southern Plains, outside of eastern parts of KS.

USDA Export Sales data shows all wheat export commitments at 20.108 MMT, an 18% increase from the same week last year. That is 82% of the USDA estimate and slightly behind the 82% average pace. 

European Commission data shows 11.18 MMT of wheat exports since July 1 through January 4, a 0.17 MMT decline from the same point last year.

Mar 26 CBOT Wheat  closed at $5.10 1/2, down 2 cents,

May 26 CBOT Wheat  closed at $5.21 1/4, down 2 1/4 cents,

Mar 26 KCBT Wheat  closed at $5.21 1/2, up 3/4 cent,

May 26 KCBT Wheat  closed at $5.33 1/4, unch,

Mar 26 MIAX Wheat  closed at $5.67 1/4, down 4 cents,

May 26 MIAX Wheat  closed at $5.78 3/4, down 4 cents,

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