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Barchart
Barchart
Austin Schroeder

Wheat Mixed at Midday

CBT Export Inspections MPLS Kansas City KCBT MGEX

The wheat complex is mixed to mostly lower on Monday’s midday. CBT futures are mixed within a penny of unchanged so far. Kansas City HRW contracts are fractionally in the red so far on Monday. MPLS spring wheat is down fractionally to 2 cents at midday.

This morning’s Export Inspections report showed a total of 599,595 (22.03 mbu) of wheat shipped in the week of 7/31. That is more than double the previous week and 27.18% above the same week in 2024. The Philippines was the top destination of 118,438 MT, with 85,951 MT headed to Nigeria, and 78,224 MT on its way to Mexico. Marketing year shipments are now at 3.911 MMT (143.7 mbu), which is 8.75% above the same period last year.

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