Wheat saw mixed action on Thursday, with the hard red contracts the weakest. December futures expire on Friday. Chicago SRW futures were up 3 to 4 cents Thursday. KC HRW futures saw penny losses in the front months. MPLS spring wheat was slightly higher in the front months.
The weekly Export Sales report got another catch-up release this morning, with USDA showing 850,418 MT of wheat sold in the week ending on 11/13. That exceeded analysts estimates of 200,000 to 600,000 MT. It was also a 6-week high and 54.73% larger than last year.
