Wheat trades mixed on Monday, with Chicago SRW futures up 12-14 cents last week. KC HRW futures rose 14-15 cents, while MPLS spring wheat lagged behind. USDA Export Sales data shows 618,076 MT of wheat sold, a 9-week high. CFTC data shows managed money adding 4,471 contracts to net short position.
CBOT and KCBT wheat closed higher, with May futures up 12 1/2 to 14 1/2 cents. MIAX wheat also closed higher. The market remains volatile, with speculative positions fluctuating. Trading signals suggest a potential uptrend in wheat prices. Stay informed for the latest updates on wheat trading.
Read more at Yahoo Finance: Wheat Mixed to Kick Off Monday Trade
