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Barchart
Barchart
Austin Schroeder

Wheat Seeing Mixed Trade at Midday

The wheat market is trading with mixed action, as the winter wheats are holding higher. CBT soft red wheat futures are up another 1 to 2 cents at midday.  KC HRW futures are firm to 1 cent higher in the front months. MPLS spring wheat futures are trading with contracts steady to a penny lower across most contracts on Tuesday.

USDA’s Export Sales report will not be reported for the 6th week in a row, as the government shutdown enters record length. Traders are still estimating that exporters sold between 250,000 and 650,000 MT wheat in the week of 10/30.

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