The wheat complex is trading with contracts lower at midday. Chicago SRW contracts are 12 to 14 cents in the red. KC HRW futures are 10 to 12 cents lower in the front months at midday. MPLS spring wheat is down 9 to 10 cents across most contracts.
Weekly NASS Crop Progress data showed 86% of the US winter wheat crop harvested by Sunday, now matching the normal pace. The spring wheat crop was 98% headed, 1% ahead the 5-year average pace, with 5% of the crop harvested. Spring wheat conditions were up 2% at 55% gd/ex, with the Brugler500 index up 6 points higher to 348. Ratings in MT and SD were up 27 points, with ND down 7 and MN slipping 1 point,
