Wheat
BRUG - Thu Dec 07, 4:04PM CST

Wheat futures ended the day with 2 to 5 cents losses in most contracts on Thursday. All wheat export sales for the week of 11/30 ran in the middle of expectations at 321,434 MT for 17/18 and 1,600 MT for 18/19 sales. Old crop sales were 74.3% above last week’s total but were still 36.1% lower than this week in 2016. Unknown destinations was the lead buyer at 69,800 MT, with Japan purchasing 63,100 MT. Shipments of all wheat rose 17.43% from last week’s report to 396,370 MT. That was still 28.65% lower than this week last year, as 99,100 MT was shipped to Taiwan.

Dec 17 CBOT Wheat closed at $3.94 1/4, down 4 1/4 cents,

Dec 17 KCBT Wheat closed at $4.03, down 3 cents,

Dec 17 MGEX Wheat closed at $5.98 3/4, down 5 cents




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

First you raise it, then you market it!  Check out the full Brugler advisory service with this special Harvest 2Fer offer at  http://bit.ly/Harvest2Fer.


 

Did June and July leave you with painful grain marketing memories?
Contact Brugler TODAY to discover which of our services is the right prescription for you!
Request product samples and a quick tour of our services here.

Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.