Wheat Slide Extending to Early Tuesday Action

Wheat is lower across most contracts in early Tuesday trade. The wheat complex posted losses across the three exchanges on Monday. Chicago SRW contracts were 8 to 10 1/4 cents lower at the close. July had 25 delivery notices on first notice day. KC HRW futures fell 3 ¾ to 5 ¼ cents, with July down 11 cents. There were 443 deliveries issued against July overnight. MPLS spring wheat was down 4 ½ to 6 3/4 cents, with July down 29 ¾ cents.

NASS Crop Progress data showed 48% of the US winter wheat crop harvested by Sunday, 9% ahead of normal. Conditions were steady at 26% gd/ex, with the Brugler500 index 2 points lower to 262. The spring wheat crop was 32% headed, 2% back of the 5-year average pace. Spring wheat conditions were 59% gd/ex, up 5%, with the Brugler500 4 points higher to 355.

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The weekly Export Inspections report showed wheat sh

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/commodities/articles/wheat-slide-extending-early-tuesday-123057940.html)