Wheat Market News and Commentary

Wheat futures are mostly 1 3/4 to 6 cents higher at midday. USDA reports scheduled for this Friday will not be released as planned, with USDA waiting on funding before announcing the next release. A Reuters survey of traders shows expectations for the delayed winter wheat seedings report at 32.279 million acres, with 22.727 million for HRW and 6.019 million acres for SRW. That would be down from 2018 planting acreage. French wheat exports in November totaled 1.26 MMT, with 683,000 headed to destinations other than countries in the EU. That was up slightly from October.

Mar 19 CBOT Wheat is at $5.22 3/4, up 6 cents,

Mar 19 KCBT Wheat is at $5.08 1/4, up 5 1/4 cents,

Mar 19 MGEX Wheat is at $5.69 3/4, up 1 3/4 cents

--provided by Brugler Marketing & Management

Market Commentary provided by:

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