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Barchart
Barchart
Austin Schroeder

Wheat Mixed at Midday

KC MPLS CBOT KCBT MGEX USDA

The wheat complex is back to mixed trade on Wednesday. CBT soft red wheat futures are leading the bulls, with fractional gains at midday. KC HRW futures are down 2 to 4 1/4 cents in the front months so far on the session. MPLS spring wheat is fractionally to 1 ½ cents higher at midday.

Export Sales data from USDA will be released on Thursday morning, as traders are looking for the export business to continue to come in as the US is competitive on the world market. Analysts are looking for the 2025/26 number to all in between 400,000 and 850,000 MT. 

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