Heartland Ag Edge
Heartland Ag Edge
Wheat Futures Strengthen Amidst Rain Uncertainty
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Wheat Futures Strengthen Amidst Rain Uncertainty

Today's grain report showed minimal volatility with wheat acreage lower than expected, boosting wheat futures despite conflicting rain forecasts for Kansas.

Today was the second-largest grain report of the year, with the one released on June 30 being the most significant, known for its volatility. Today’s report, however, is expected to be one of the quietest in a long time. Price movements are less than a dime for most commodities, except for spring wheat. The standout was the wheat acreage, which was abou…

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