Price Report - July 21, 2017
Technical selling pushed CBOT and KCBT wheat futures lower this week as harvest nears completion in the southern half of the United States. Deteriorating hard red spring (HRS) crop conditions buoyed MGEX wheat higher. Strong export demand lent additional support. CBOT September wheat fell 11 cents to $4.99/bu, KCBT lost 17 cents to $4.96/bu and MGEX added 20 cents to $7.78/bu. CBOT September corn gained 3 cents to $3.80/bu and CBOT August soybeans climbed 20 cents to $10.09/bu.