Wheat Futures Edge Higher Tuesday

Soft red winter wheat futures rise on Tuesday, December 23rd, with the March contract settling at $516.50 per bushel, up $1 from the previous close. May and July contracts also gain, while later months show steady buying interest. Trading volume is down, and open interest decreases, suggesting position winding down ahead of holidays. Steady demand from exporters and millers, along with light holiday trading, could keep swings in check. Weather in the Plains remains a factor, with dry conditions affecting winter wheat crops.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.