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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
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 Market
Wheat

Wheat Rallies

The wheat complex was in rally mode on Wednesday, posting strength across the three markets. Chicago SRW futures were 8 to 12 ¾ cents in the green to close the session. KC HRW futures saw Wednesday gains of 4 ¾ to 10 ¼ cents at the final bell. MPLS spring wheat closed the day with contracts fractionally to 2 ½ cents. Weakness in the dollar index this week has added some support to the market.

The forecast for the next week shows limited precip in much of the Southern Plains, with some moisture creeping in the eastern edges of the HRW country.

Export Sales data released on Thursday morning will show wheat sales for the week ending on January 22. Traders are expecting between 275,000 and 600,000 MT in wheat bookings. 

Mar 26 CBOT Wheat  closed at $5.36, up 12 3/4 cents,

May 26 CBOT Wheat  closed at $5.44 1/2, up 11 3/4 cents,

Mar 26 KCBT Wheat  closed at $5.42 1/4, up 9 1/2 cents,

May 26 KCBT Wheat  closed at $5.52 3/4, up 10 cents,

Mar 26 MIAX Wheat  closed at $5.74, up 2 1/4 cents,

May 26 MIAX Wheat  closed at $5.86 1/4, up 2 1/2 cents,

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