For the week, Minneapolis was up 18, but Chicago was down 5 and Kansas City down 9¢.
Investors watch to see if Plain's drought moves into the Midwest
The grain complex could be headed for a major turnaround within weeks.
Weather and demand both contributed to the supportive tone by the week’s end.
Even with more adverse weather occurring on already stressed wheat crops across the Plains and Midwest, namely lots of rain, the market remains unconcerned.
Investors are watching every day’s new weather forecast to determine market direction.
After a quiet start, wheat markets were mostly higher for the rest of the week.
A seasonal factor to rally into the month of May is not looking likely
Wheat markets were generally quiet during the week, with spring wheat gaining on the winter wheats, until after the plantings and stocks reports were released on Friday.
Chicago wheat gapped higher to start the week, with Kansas City following higher. But that was the only bullish action for the week, as prices turned south and steadily moved lower.