The wheat complex posted gains across all three exchanges on Thursday. Chicago SRW futures were 13 to 15 1/4 higher at the close. KC HRW futures were 14 to 15 ½ cent in the green in the front months. MPLS spring wheat was 7 to 8 cents higher on the Thursday session. Some short covering was noted with cold temps in parts of Russia’s winter wheat crop.
Precip over the next 7 days is expected to be heavy in the Southeast, with Eastern parts of the Southern Plains seeing some precip.
