The wheat complex closed Thursday, with contracts higher across the three exchanges. CBT soft red wheat futures were 6 to 8 cents in the green on Thursday. Open interest was up 7,568 contracts on Thursday. KC HRW futures were up 1 to 3 cents across the front months. There was a single delivery issued overnight against September KC wheat. Preliminary OI rose 2,303 contracts. MPLS spring wheat was 2 to 3 cents higher.
Weekly Export Sales data from this morning showed another weak round of sales, with 305,351 MT in sales in the week ending on 9/4. That was the second lowest total for the marketing year. Japan was the top buyer of 78,600 MT, with 70,000 MT to Indonesia.
