CBOT wheat ends lower, but underpinned by weather concerns
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Chicago Board of Trade wheat futures closed lower on January 21, with March soft red winter wheat down 2-1⁄2 cents at $5.07-3⁄4 per bushel. K.C. March hard red winter wheat fell 3-1⁄4 cents to $5.19-3⁄4, while Minneapolis March spring wheat rose 1-3⁄4 cents to $5.63-3⁄4. Weather concerns, including a winter storm bringing moisture but also frigid temperatures, are impacting the market. Euronext wheat futures steadied after a previous drop, aided by a weaker euro and comments from U.S. President Trump.
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