The wheat complex posted gains across all three exchanges on Thursday. Chicago SRW futures are 5 to 9 cents lower. KC HRW futures are 10 to 12 cents in the red in the front months. MPLS spring wheat is down 6 to 7 cents at midday. The markets will be closed on Monday for President’s Day.
Export Sales data from USDA has wheat export commitments at 22.467 MMT, a 16% increase from last year. That is 92% of USDA’s export numbers and in line with the 93% average pace.
