The wheat complex is holding onto midday losses so far on Monday. Chicago SRW futures are 8 to 9 1/4 cents lower. KC HRW futures are 4 to 5 cents in the red. MPLS spring wheat is fractionally to 2 cents lower at midday.
USDA’s FGIS tallied wheat export shipments at 458,411 MT (16.84 mbu) during the week ending on March 19. That was 33.39% above the week prior but 5.53% below than the same week last year. Mexico was the top destination of 128,882 MT, with 68,376 MT headed to China and 50,093 MT to Taiwan. Marketing year exports for 2025/26 are 19.93 MMT (732.3 mbu) since June 1, which is now 17.98% ahead of the same period last year.
