Wheat is seeing some buying come in on Friday morning, with just marginal gains. The wheat complex saw weakness across the three markets on Thursday. Chicago SRW contracts were down 3 ½ to 6 ½ cents on the day. Open interest was up 940 contracts. KC HRW futures saw losses of 5 ¼ to 9 ½ cents at the close. OI rose 1,663 contracts. MPLS spring wheat was 4 ½ to 10 ½ cents in the red on Thursday.
Despite the reports of potential peace talks, another merchant vessel was struck overnight in the Black Sea. Russia also struck Kyiv with more missiles overnight.
