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Barchart
Barchart
Austin Schroeder

Wheat Mixed at Midday

The wheat complex is mixed at midday, with the soft red market leading the charge higher and spring wheat softer. CBT soft red wheat futures are up 1 to 2 cents in the nearbys. KC HRW futures are showing fractional gains across most contracts on Friday. MPLS spring wheat is slipping back 2 cents at midday.

Export Sales data from USDA has the full year export business at 11.03 MMT which is the largest for the currently week since the 2013/14 MY.  That is also 46% of the USDA forecast, which is normally 43% met by now.

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