S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe wheat complex was under pressure on Wednesday, as money was coming off the table. Chicago SRW futures fell back 9 ½ to 18 3/4 cents on the session. KC HRW futures were 12 ¼ to 21 ¾ cents in the red on Wednesday. MPLS spring wheat was down 8 to 16 1/2 cents. Crude Oil closed the day down $2.51 after a post from President Trump suggested Iran is looking for a ceasefire. He is expected to address the nation later this evening, likely providing some more clarity on the next steps of the conflict. Thursday will be the last trade day for the week as the markets are off for Good Friday.
The 7-day forecast calls for heavy rains SRW country as well as the eastern portions of the Southern Plains, with the western half on the lighter side with less than a half inch expected.
Export Sales data will be released on Thursday morning, as traders are looking for between 200,000 and 500,000 MT for old crop wheat. New crop business is seen in a range of 100,00 to 300,000 MT.
May 26 CBOT Wheat closed at $5.97 1/2, down 18 3/4 cents,
Jul 26 CBOT Wheat closed at $6.08 3/4, down 17 3/4 cents,
May 26 KCBT Wheat closed at $6.13 3/4, down 21 3/4 cents,
Jul 26 KCBT Wheat closed at $6.28 1/4, down 20 1/2 cents,
May 26 MIAX Wheat closed at $6.42, down 16 1/2 cents,
Jul 26 MIAX Wheat closed at $6.57 3/4, down 16 cents,
