The wheat complex is trading mixed across the three markets on Thursday. Chicago SRW futures are steady to a penny lower so far. KC contracts are up 2 to 3 ½ cents at midday. MPLS spring wheat is holding onto losses with contracts down 2 to 3 cents.
USDA’s Export Sales report showed a marketing year high 712,179 MT in wheat sales for the week that ended on July 17, which exceeded the 250,000 and 500,000 MT estimates. That was 44.06% above the week prior and more than double the same week last year.
