The wheat complex is showing marginally mixed trade on Thursday, with the hard red contracts higher. Chicago SRW is the weak spot, with fractional Thursday losses. KC HRW futures are leading the way higher, up 1 to 3 3/4 cents. MPLS spring wheat contracts are up 1 to 3 cents at midday.
FAS released their weekly Export Sales data this morning, with old crop sales of 95,094 MT for the last 4 day of the 2025/26 marketing year, in the middle of the estimated net reductions of 100,000 MT to sales of 100,000 MT. There were 298,570 MT in unshipped sales carried over from that marketing year. New crop sales exceeded the trade estimated range of 200,000 to 600,000 MT, at 666,259 MT in that week.
