“Prices snapped back closing $.02-$.05 higher following reports China sought offers for U.S. SRW wheat. While no sales have been confirmed it does reopen to possibility China will begin to fulfill their commitment to purchase $17 bil. annually ($10.5 bil. prorated for 2026) in U.S. agricultural goods. CGO Dec-26 was $.04 ¾ higher at $6.03 ¾, Dec-26 KC was $.02 ¼ higher at $6.45 ¼ while Dec-26 MIAX was $.04 ¾ higher at $6.24 ½. CGO and KC both fell to 3-4 month lows recently while MIAX set new contract lows," stated Mark Soderberg with ADM Investor Services.
A Lee Enterprises, Incorporated newspaper. Majority shareholder: David Hoffmann, Hoffmann Media Group.
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