Wheat Posts Midweek Gains [Yahoo! Finance]
Blackstone Inc. (BX)
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Source: Yahoo! Finance
CBT soft red wheat futures saw steady trade in nearby December, as other contracts were 2 to 3 cents higher. KC HRW futures were 1 to 2 ½ cents higher on Wednesday. MPLS spring wheat futures closed the session with contracts fractionally higher. USDA is expected to release their WASDE this Friday despite the ongoing shutdown, with a Reuters survey showing analysts looking for US wheat stocks at 867 mbu, a 23 mbu increase from the September report, likely to include the increased production. World ending stocks are seen at 266.13 MMT, up 1.93 MMT from September is realized. More News from Barchart Arabica Coffee Prices Rally with the Brazilian Real What Did We Learn About Markets at Tuesday's Close? Coffee Prices Plunge on Prospects of Lower US Tariffs Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. The French farm ministry expected the country's soft wheat production at
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