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Barchart
Barchart
Austin Schroeder

Wheat Holding onto Modest Thursday AM Gains

The wheat complex is holding higher on Thursday, with all three exchanges in the green. Chicago SRW futures are posting 2 to 3 cent gains at midday. KC HRW futures are up 1 to 2 cents so far on Thursday. MPLS spring wheat is showing 2 to 3 cent gains.

Export sales data for the week of January 1 was released this morning, as USDA showed 118,701 MT of 2025/26 wheat sold, shy of analysts expectations of 200,000 to 500,000 MT. That was still 6.64% above the same holiday week last year and a 2444% improvement from last week. There were net reductions of 9,347 MT for 2026/27.

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