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Barchart
Barchart
Austin Schroeder

Wheat Sees Higher Trade at Wednesday’s Close

The wheat market closed with gains on the Wednesday session. CBT soft red wheat futures saw 3 to 4 cent gains on Wednesday. KC HRW futures were 2 to 3 ½ cents higher at the close. MPLS spring wheat futures closed with 2 to 3 cent gains on the session

USDA will not be publishing their weekly Export Sales report on Thursday due to the continued government shutdown. Still, traders are looking for between 350,000 and 650,000 MT of wheat was sold in the week ending on 10/16.

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