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Barchart
Barchart
Austin Schroeder

HISTORICAL FACTS: Wheat posting modest weakness on thursday | History Defined

The wheat complex is showing losses in the three exchanges on Thursday, fading off some early gains. Chicago SRW contracts are down 3 to 4 cents across the front months. KC HRW futures are showing Thursday losses of 2 to 3 cents at midday. MPLS spring wheat is down 2 to 4 cents across the front months at midday

Exports Sales data from this morning showed 451,562 MT of wheat sold in the week ending on October 1, on the higher side of traders looking for between 200,000 and 500,000 MT. That was the second largest for the marketing year, but still just half of the same week last year.

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