The wheat complex is mostly lower across most contracts on Wednesday. CBT soft red wheat futures are down 2 to 5 cents at midday. The CBOT showed 34 deliveries issued for September wheat overnight. KC HRW futures are up 3 ¼ cents in Sep to 1 ¼ cents lower in December. There were another 18 deliveries issued against September KC wheat. MPLS spring wheat is ¾ cent higher in the nearby September and down 3 ¼ cents in December.
The weekly Crop Progress report indicated 72% of the spring wheat crop was harvested by Sunday, 1 percentage point above normal. Winter wheat harvest was removed this week, with the crop’s planting progress for the 2026 crop expected next week.
