The wheat complex is holding lower on Thursday across the three exchanges but pulling off early lows. Chicago SRW contracts are trading with contracts 2 to 3 cents lower at midday. KC HRW futures are posting 2 to 3 cent losses on the day. MPLS spring wheat is 1 to 3 cents in the red on Thursday.
Export Sales data from this morning showed 325,935 MT in wheat sales for 2026/27 in the week of 9/10, which was in the middle of expectations of 150,000 and 500,000 MT. That was a 3 week high but still 14.65% below the same week last year.
