Price Report - November 20, 2015
After four days of declines, a strong U.S. Export Sales Report lifted wheat futures with a small rally on Thursday. However, improved soil moisture in the United States and Black Sea, a stronger U.S. dollar and abundant global wheat supply limited gains with wheat futures closing mixed on the week. CBOT December wheat futures fell 9 cents to $4.88/bu, KCBT dropped 8 cents to $4.57/bu and MGEX added 3 cents to close at $5.09/bu. CBOT December corn rose 5 cents to $3.63/bu and CBOT December soybeans gained 2 cents to $8.57/bu.