The wheat complex is falling lower at midday, with all three exchanges in the red. Chicago SRW futures are 6 to 7 cents lower so far on Friday. KC contracts are down 4 to 5 cents at midday. MPLS spring wheat is the firmest of the three, with fractional losses so far.
USDA’s Export Sales data tallied 8.984 MMT of wheat sold so far for this marketing year. That is 39% of the USDA estimate and above the average sales pace of 37%.
