The wheat complex is trading with midday losses on Wednesday. Chicago SRW futures are steady to 2 cents in the red so far on the day. KC HRW futures are down 3 to 4 cents on Wednesday. MPLS spring wheat is fractionally lower so far at midday. There were no deliveries issued against December CBT wheat overnight, with another 66 against December KC wheat.
CFTC published their delayed Commitment of Traders data on Tuesday from the week of 10/21. That showed CBT wheat specs trimming 2,918 contracts from their net short to 108,825 contracts. In KC wheat, they cut 433 contracts from their net short to 67,271 contracts.
