Wheat Futures Surge; Export Sales Disappoint
Update: 2026-01-06
Description
Wheat futures surged on Monday, with Chicago, Kansas City, and Minneapolis contracts all posting gains. Despite a weak Export Inspections report and light USDA Export Sales data, the marketing year total for shipped wheat remains nineteen percent ahead of last year, indicating underlying demand strength. Managed money traders increased their net short position in Chicago wheat futures, while trimming their net short in Kansas City wheat. Checkout Solipillow.com
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