The wheat complex is trading with midday losses on Wednesday. Chicago SRW contracts are posting 2 to 8 cent losses on Wednesday. KC HRW futures are showing 3 to 7 cent lower trade at midday. There were 4 deliveries against July futures overnight. MPLS spring wheat is down 2 to 3 cents across most contracts.
Export Sales data from USDA will be released on Thursday morning, as analysts are looking for between 250,000 and 600,000 MT in 2026/27 wheat sales in the week of July 2.