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Barchart
Barchart
Austin Schroeder

Wheat Falling Back Weaker on Wednesday

The wheat complex is giving back some of the Tuesday gains, with contracts lower across the three markets. CBT soft red wheat futures are trading with 5 to 6 ¼ cent losses at midday. KC HRW futures are falling back 6 to 7 cents at midday. MPLS spring wheat futures are down 3 to 4 cents in the nearbys.

The weekly Export Sales report will be published on Thursday morning, as analysts are looking for between 300,000 MT and 650,000 MT in the week of 9/11.

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