All Three Wheat Contracts Post New Contract Highs

Wheat futures continued their superstar run with new contract highs for July Chicago, July KC and July Minneapolis. All three markets are priced past that initial Russian invasion price spike. That price spike was made on the initial reaction that the Ukraine war would lead to zero exports of both Ukraine and also Russian product. The trade is concerned India and France may not help fill the Ukraine export deficit. They are also pricing in the idea the US may in some way contribute to it.

This content requires a premium subscription.

Please login to your premium subscription to view this content in its entirety.


Forgot your password? Reset it by clicking here.
Need an account?
Try our FREE 1 week trial, no card required.
Interested in our Free Webinar?

Sign up now! 

Post Archives

Allendale Insider

On The Go

Market Movers


Trader Insights

Morning Wake up Calls