Srw wheat futures market chatter points to European

Market chatter points to European milling wheat futures also firming, increasing correlation across grain markets. Dec 25 KCBT Wheat  closed at $5.49 3/4, up 3 3/4 cents, Trading commodity futures and options is not for everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS. Before you invest any money in futures or options contracts, you should consider your financial experience, goals and financial resources, and know how much you can afford to lose above and beyond your initial payment to a broker. You should understand commodity futures and options contracts and your obligations in entering into those contracts. You should understand your exposure to risk and other aspects of trading by thoroughly reviewing the risk disclosure documents your broker is required to give you. SRW wheat futures rose 0.8% to $6.32, driven by tighter-than-expected ending stocks in the USDA WASDE update. Traders note spreads between SRW and HRW wheat narrowing, which may shift hedging flows.