US wheat futures end mixed, KC wheat rises on US weather risks

Reuters04-09

CHICAGO, April 8 (Reuters) - U.S. wheat futures finished mixed on Monday, with K.C. wheat rising as traders assessed weather risks for crops in the southern U.S. Plains.

* Analysts said they were monitoring rains that missed part of the Plains hard red winter wheat belt, along with unfavorable winds.

* The U.S. Department of Agriculture's weekly crop progress report rated 56% of the U.S. winter wheat crop in good-to-excellent condition, unchanged from last week and in line with analysts' estimates.

* In a monthly report due on Thursday, the USDA is expected to raise its estimate for 2023-24 U.S. wheat ending stocks from March, analysts said.

* CBOT May soft red winter wheat ended 1-1/2 cents lower at $5.65-3/4 a bushel. The market on Friday reached a one-month high at $5.74-3/4.

* K.C. May hard red winter wheat settled up 3 cents at $5.85-1/4 per bushel. MGEX May spring wheat last traded 2-1/4 cents higher at $6.50-1/4 a bushel.

* Euronext wheat futures also rose, with prices underpinned by weather risks in the northern hemisphere and continuing concerns over delays to Russian exports.

(Reporting by Tom Polansek; Editing by Richard Chang)

((Thomas.Polansek@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2426978925?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-09 04:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2426978925","market":"us","top_or_hot":-1,"title":"US wheat futures end mixed, KC wheat rises on US weather risks","media":"Reuters","content":"<html><body><p>CHICAGO, April 8 (Reuters) - U.S. wheat futures finished mixed on Monday, with K.C. wheat rising as traders assessed weather risks for crops in the southern U.S. Plains.</p><p>   * Analysts said they were monitoring rains that missed part of the Plains hard red winter wheat belt, along with unfavorable winds.</p><p>   * The U.S. Department of Agriculture's weekly crop progress report rated 56% of the U.S. winter wheat crop in good-to-excellent condition, unchanged from last week and in line with analysts' estimates.</p><p>   * In a monthly report due on Thursday, the USDA is expected to raise its estimate for 2023-24 U.S. wheat ending stocks from March, analysts said.</p><p>   * CBOT May soft red winter wheat    ended 1-1/2 cents lower at $5.65-3/4 a bushel. The market on Friday reached a one-month high at $5.74-3/4.</p><p>   * K.C. May hard red winter wheat    settled up 3 cents at $5.85-1/4 per bushel. MGEX May spring wheat    last traded 2-1/4 cents higher at $6.50-1/4 a bushel.</p><p>   * Euronext wheat futures also rose, with prices underpinned by weather risks in the northern hemisphere and continuing concerns over delays to Russian exports.</p><p>(Reporting by Tom Polansek; Editing by Richard Chang)</p><p>((Thomas.Polansek@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US wheat futures end mixed, KC wheat rises on US weather risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS wheat futures end mixed, KC wheat rises on US weather risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-09 04:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CHICAGO, April 8 (Reuters) - U.S. wheat futures finished mixed on Monday, with K.C. wheat rising as traders assessed weather risks for crops in the southern U.S. Plains.   * Analysts said they were ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4116","symbol_name":"互联网服务与基础架构","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2426978925","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2426978925","pubTimestamp":1712606892,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"CHICAGO, April 8  - U.S. wheat futures finished mixed on Monday, with K.C. wheat rising as traders assessed weather risks for crops in the southern U.S. Plains.   * Analysts said they were monitoring rains that missed part of the Plains hard red winter wheat belt, along with unfavorable winds.   * The U.S. Department of Agriculture's weekly crop progress report rated 56% of the U.S. winter wheat crop in good-to-excellent condition, unchanged from last week and in line with analysts' estimates.   * In a monthly report due on Thursday, the USDA is expected to raise its estimate for 2023-24 U.S. wheat ending stocks from March, analysts said.   * CBOT May soft red winter wheat    ended 1-1/2 cents lower at $5.65-3/4 a bushel. The market on Friday reached a one-month high at $5.74-3/4.   * K.C. May hard red winter wheat    settled up 3 cents at $5.85-1/4 per bushel. MGEX May spring wheat    last traded 2-1/4 cents higher at $6.50-1/4 a bushel.   * Euronext wheat futures also rose, with pric","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4116":"互联网服务与基础架构","BK4526":"热门中概股","KC":"金山云","BK4563":"昨日强势股"},"translate_title":"美国小麦期货收盘涨跌互现，KC小麦因美国天气风险上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KC":1,"XWmain":0.9,"ZWmain":0.9},"content_text":"CHICAGO, April 8 (Reuters) - U.S. wheat futures finished mixed on Monday, with K.C. wheat rising as traders assessed weather risks for crops in the southern U.S. Plains.   * Analysts said they were monitoring rains that missed part of the Plains hard red winter wheat belt, along with unfavorable winds.   * The U.S. Department of Agriculture's weekly crop progress report rated 56% of the U.S. winter wheat crop in good-to-excellent condition, unchanged from last week and in line with analysts' estimates.   * In a monthly report due on Thursday, the USDA is expected to raise its estimate for 2023-24 U.S. wheat ending stocks from March, analysts said.   * CBOT May soft red winter wheat    ended 1-1/2 cents lower at $5.65-3/4 a bushel. The market on Friday reached a one-month high at $5.74-3/4.   * K.C. May hard red winter wheat    settled up 3 cents at $5.85-1/4 per bushel. MGEX May spring wheat    last traded 2-1/4 cents higher at $6.50-1/4 a bushel.   * Euronext wheat futures also rose, with prices underpinned by weather risks in the northern hemisphere and continuing concerns over delays to Russian exports.(Reporting by Tom Polansek; Editing by Richard Chang)((Thomas.Polansek@thomsonreuters.com))","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2426978925"}