The wheat complex is pushing higher so far on Thursday. Chicago SRW futures are 3 to 4 ¼ cents higher on the day. KC HRW futures are up 6 to 7 cents in the front months. MPLS spring wheat is up 1 to 2 cents at midday.
Weekly Export Sales from this morning showed 397,245 MT in wheat bookings in the week of March 19, on the high end of trade estimates of 100,000 to 400,000 MT. That was more than double the week prior and nearly 4 times the same week last year. New crop sales exceeded estimates of 0 to 200,000 MT, at 205,750 MT, which was a slight drop from last week.
