KCBT HRW Wheat Futures Trading Choppy
Jul 14, 2011
Kansas City wheat futures trading began quieter this morning from consolidation. Pricing was higher on the opening but moved lower as the morning went on in choppy trading.
USDA weekly wheat export sales came in at 519,100 metric tonnes, within trade expectations of 350,000 to 650,000 metric tonnes, traders said.
About half of that number consisted of hard red winter wheat. Japan's weekly tender consisted of 35,000 tonnes of U.S. white wheat, 36,000 tonnes of Canadian spring wheat and 39,000 tonnes of Australian white wheat, traders said.
The KCBT, founded in 1856, is Kansas City's oldest business and the world's largest futures market for hard red winter wheat. Daily quotes, market commentary, historical data and charting services are available on our website at www.kcbt.com.
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