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Barchart
Barchart
Austin Schroeder

Wheat Easing Back Lower on Thursday

CBT KC HRW MPLS CBOT KCBT MGEX

The wheat complex is weaker across the board on the Thursday session. CBT soft red wheat futures are down 3 to 4 cents so far on Thursday. KC HRW futures are down 4 to 5 cents on Thursday. MPLS spring wheat futures are trading with 1 to 2 cent losses at the midday portion of the session

The weekly Export Sales report from this morning was reported at 377,459 MT, which was again on the lower end of the trade estimates looking for between 300,000 MT and 650,000 MT in the week of 9/11. That was a 3-week high and still 53.23% above the same week in 2024.

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