Wheat is mixed on Thursday, with the hard red contracts the weakest, Chicago SRW futures are up 3 cents in the March contract on Thursday. KC HRW futures are showing 1 to 2 cent losses at midday. There were 5 deliveries issued against December KC wheat. MPLS spring wheat is fractionally lower.
The weekly Export Sales report got another catch-up release this morning, with USDA showing 850,418 MT of wheat sold in the week ending on 11/13. That exceeded analysts estimates of 200,000 to 600,000 MT. It was also a 6-week high and 54.73% larger than last year.
