The wheat complex posed weakness in the winter wheats on Wednesday, as spring wheat turned higher at the close. Chicago SRW futures closed the midweek session with contracts 1 to 3 ½ cents lower. KC HRW futures were down 1 to 3 cents in the front months on Wednesday. MPLS spring wheat saw some late day strength to close with gains of 1 to 4 cents.
Weekly Export Sales data will be published in the week of 2/19, as traders are looking for between 250,000 and 500,000 MT of wheat sales for old crop. New crop sales are seen in a range of 0 to 50,000 MT.
