The wheat complex is mixed on Monday, with spring wheat higher. Chicago SRW futures are up ¼ cent in nearby Dec, with other contracts down 2 to 3 cents. KC HRW futures are mixed, with December up 1 ½ cents and March fractionally lower. MPLS spring wheat is up 1 to 3 cents at midday. There were no deliveries issued against December CBT wheat Friday night, with another 2 against December KC wheat.
Export Inspections data showed wheat at just 384,881 MT (14.14 mbu) shipped in the week that ended on November 27. That was a drop of 19.89% from the week prior and up 28.89% from same week last year. Vietnam was the top destination of 58,864 MT, with 51,792 MT to Mexico. Marketing year shipments have totaled just 13.228 MMT (486 mbu), a 19.95% increase yr/yr.
