Wheat
BRUG - Wed Sep 13, 12:14PM CDT

Wheat futures are mostly higher in the nearby KC and CBT contracts, as MPLS front months are steady at midday. The cash average farm price for 17/18 was lowered 20 cents to $4.60 in the WASDE report yesterday.Russian production was increased 3.5 MMT in Tuesday’s USDA report to 81 MMT, while Australian and EU production ideas were reduced. All wheat prevent plant acres reported through September were at 616,085 acres, 2,201 larger than August. The Ukraine Ag ministry estimates that 8.25% of the country’s projected 15.07 million winter wheat acres have been planted.

Sep 17 CBOT Wheat is at $4.26, up 6 1/2 cents,

Sep 17 KCBT Wheat is at $4.20 1/2, up 4 1/2 cents,

Sep 17 MGEX Wheat is at $6.26 1/4, unch ,




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