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Barchart
Barchart
Austin Schroeder

Wheat Trading Higher at Midday

CBT KC MPLS USDA CBOT KCBT MGEX

The wheat market is trading with gains at Wednesday’s midday. CBT soft red wheat futures are trading with 2 to 3 cents Wednesday gains. KC HRW futures are up 2 to 3 ¼ cents so far. MPLS spring wheat futures are up 1 to 2 cents at midday.

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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