The wheat complex continued to slide lower on Monday, with the three exchanges posted losses. CBT soft red wheat futures were 10 to 12 cents in the red on Monday. KC HRW futures posted 4 to 6 cent losses at the close. MPLS spring wheat futures were down 2 to 4 cents on the day.
Crop Progress data showed the US winter wheat crop at 20% planted, down 3 points from average. Emergence was listed at 4%, on par with average. Spring wheat was 96% harvested and matches the 5-year average pace.
