Wheat Close Higher on Monday

Wheat futures ended the day higher, with Kansas City HRW leading the way up 6 1/4 cents. Chicago SRW closed Monday with 3 cent gains in Dec, and Minneapolis HRS 4 cents higher. Export Inspections data will be delayed until Tuesday due to the Columbus Day Holiday. Delayed Progress data will also be released Tuesday afternoon, with what’s left of the Spring wheat harvest expected to be slowed by last week’s storm IKAR raised their Russian wheat production estimate by 0.2 MMT to 75.6.

DEC 19 CBOT Wheat closed at $5.11, up 3 cents,

DEC 19 KCBT Wheat closed at $4.25 3/4, up 6 1/4 cents,

DEC 19 MGEX Wheat closed at $5.52, up 4 cents

--provided by Brugler Marketing & Management

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