The wheat complex saw mostly higher trade on Friday. Chicago SRW futures were the lagger, closing moistly within ¼ cent of unchanged, as May was up 9 ¾ cents this week. KC HRW futures posted gains of 3 ¼ to 6 ¼ cents to lead the way, as May was 26 ¼ cents higher on the week. MPLS spring wheat was 1 3/4 to 3 1/4 cents higher on Friday, with May rallying 20 ¼ cents this week.
Despite rains in the SRW country expected in the next week, the majority of the Southern Plains remain relatively dry via NOAA’s 7-day QPF.
