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Aaron Huebner at CHS Hedging said, “Chicago December wheat traded up 9 ¾ cents to finish at 5.34, while KC Dec finished up 11 ½ cents to settle at 5.24 ½ and HRS was up 2 ½ cents to finish at 5.53 for the day.” Brandon Doherty at Total Farm Marketing said, “According to the Buenos Aires Grain Exchange, Argentina’s wheat harvest has reached 8.4% completion. And despite frost in the southern areas, which may have caused some damage, they kept their wheat production estimate unchanged at 22 mmt. For reference, this is above the last USDA estimate of 19.5 mmt.”
