Wheat is up across the three markets on Thursday morning. The wheat market was in retreat mode late on Wednesday. CBT soft red wheat futures were steady to down a penny at the close. Preliminary open interest data was down 5,686 contracts on Wednesday. KC HRW futures fell back by 3 to 4 3/4 cents on the session. MPLS spring wheat futures closed the day with contracts off the highs and near unchanged in the nearbys and as much as a penny higher in other contracts.
The weekly USDA Export Sales data is expected to show between 300,000 MT and 600,000 MT of wheat sales in the week ending on September 18.
