International Wheat Market Report 2nd Aug 2017

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Wheat futures closed Tuesday 8 to 13 1/2 cents lower in most CBT and MPLS contracts, with KC down 7 1/4 to 9 1/2 cents. Spring wheat ratings in MN, SD, and WA saw slight increases, as MT and ND were lower, with ID down 26 points. Japan is back with their normal weekly tender, seeking 132,925 MT of wheat from the US, Canada, and Australia. This tender will close on Thursday, with 50,080 MT sought from the US.

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