The wheat complex is trading with Monday mixed action. Chicago SRW futures are showing fractional gains on so far on Monday. KC HRW futures are down up to 4 cents in the front months on Monday. MPLS spring wheat is steady to a penny higher on Monday.
USDA tallied wheat export shipments at 393,341 MT (14.45 mbu) during the week ending on December 4. That was 1.95% above the week prior and 58.6% larger than the same week in 2024. Mexico was the top destination of 75,789 MT, with 75,174 MT headed to Indonesia and 68,038 MT to Vietnam. Marketing year exports for 2025/26 are now 13.634 MMT (500.96 mbu) since June 1, which is now 20.91% larger than the same period last year.
