Wheat Futures Mixed
BRUG - Fri Aug 23, 5:09PM CDT

Wheat futures were mixed across the three markets Friday, with MPLS up 1/4 cents, KC was down by 1 3/4 cents, with CBT higher by 8 cents. Managed money in CBOT flipped their net position to short 1,249 contracts as of 8/20 a move of 5,337 contracts. They were also short a net 36,956 contracts in KC wheat futures and options on that date. In MPLS wheat they were at another record net short of 20,338 contracts. Thursday’s Export Sales report showed YTD accumulated shipments at 20% of the USDA full year projection, vs. the average at 21% and 17% last year. Unshipped sales are lagging behind the average, as total commitments are 39% of that projection with the average of 45% and last year’s 35%.

SEP 19 CBOT Wheat closed at $4.75 1/4, up 8 cents,

SEP 19 KCBT Wheat closed at $3.91 1/2, down 1 3/4 cents,

SEP 19 MGEX Wheat closed at $4.98 3/4, up 1/4 cent

--- provided by Brugler Marketing & Management

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