The wheat complex is mixed on Monday, with winter wheat facing weakness. Chicago SRW contracts are 4 to 5 cents in the red. KC HRW futures are down 4 to 5 cents. MPLS spring wheat is the stronger point of the complex, up 1 to 2 cents.
USDA’s FGIS tallied wheat export shipments at 231,991 MT (7.8 mbu) during the week ending on July 16. That was up well below the week prior and less than 1/3 of the same week last year. Marketing year exports for 2025/26 are 1.893 MMT (78.21 mbu), which is now 29.5% below the same period last year.
