The wheat complex fell back lower on Thursday, slipping into the close. Chicago SRW contracts were steady to 2 ¼ cents in the red. KC HRW futures saw fractional to 3 cent losses across most contracts at the close. MPLS spring wheat saw weaker front month action, down 3 ¼ to 4 ¼ cents in the nearbys.
Early on Thursday morning Ukraine proposed a truce with Russia to stop attacking civilian targets on the Black Sea. Very little in terms of a response from Russia has been reported.