The wheat complex is finding some strength on Thursday with China rumors and a marketing year high in export business. Chicago SRW contracts are up 4 to 5 cents in the front months. KC HRW futures are up 1 to 2 cents at midday. MPLS spring wheat is up 5 to 6 cents on the session.
There are wire reports of China’s COFCO inquiring on US SRW wheat for import.