After The Bell Wheat Recap
By Pro Farmer - Thu 17 Jan 2013 15:02:35 CT
Related Keywords: Agriculture

Wheat futures favored the downside most of the day. Chicago wheat ended fractionally to 4 cents lower; Kansas City finished 1 1/4 to 5 3/4 cents lower; Minneapolis settled with losses of roughly 1 to 2 cents. This was well off most contracts' daily lows. Profit-taking in the corn and bean market spilled over to the wheat market today, as weekly export sales tally of 536,200 MT for 2012-13 and 38,500 MT for 2013-14 failed to excite market bulls.
 


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