The wheat complex is trading with gains across the three exchanges so far on Thursday. Chicago SRW contracts are trading with gains of 8 to 9 cents on Thursday. KC HRW futures are 12 to 13 cents higher at midday. MPLS spring wheat is up 10 to 11 cents in the front months.
Overnight, there was a Ukrainian drone strike on a Russian grains export terminal in Taman on the Kerch Strait.
Export Sales data showed 285,165 MT of 2026/27 MT wheat sold in the week of 7/23, compared to expectations of 200,000 to 500,000 MT heading in. That was a marketing year low and was less than half of the same week last year.
Sep 26 CBOT Wheat is at $6.69 1/4, up 8 1/2 cents,
Dec 26 CBOT Wheat is at $6.86 3/4, up 9 cents,
Sep 26 KCBT Wheat is at $7.37 3/4, up 12 1/4 cents,
Dec 26 KCBT Wheat is at $7.53 1/4, up 12 1/2 cents,
Sep 26 MIAX Wheat is at $7.15 1/2, up 10 1/2 cents,
Dec 26 MIAX Wheat is at $7.39, up 10 3/4 cents,
