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Barchart
Barchart
Austin Schroeder

Wheat Heads Lower into the Wednesday Close

The wheat market was in retreat mode late on Wednesday. CBT soft red wheat futures were steady to down a penny at the close. KC HRW futures fell back by 3 to 4 3/4 cents on the session. MPLS spring wheat futures closed the day with contracts off the highs and near unchanged in the nearbys and as much as a penny higher in other contracts. 

The weekly USDA Export Sales data is expected to show between 300,000 MT and 600,000 MT of wheat sales in the week ending on September 18. 

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