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Barchart
Barchart
Austin Schroeder

Wheat Holding Higher at Midday

The wheat complex is continuing strength on Thursday, with contracts higher across the three exchanges. Chicago SRW futures are 3 to 4 cents higher so far. KC HRW futures are 3 to 4 cents in the green on Thursday. MPLS spring wheat is up 5 to 6 cents at midday

Export Sales data released this morning showed wheat sales for the week ending on January 22 at 558,201 MT, on the high end of 275,000 and 600,000 MT estimates. That was back down from last week but 22.39% above the same week last year.

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