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Barchart
Barchart
Austin Schroeder

EXPLAINED: Wheat posts losses on wednesday - The Real Truth

The wheat complex saw mostly weaker trade on the midweek session. Chicago SRW futures fell back 4 to 6 ¾ cents into the close. KC HRW futures closed with fractional to 5 cent losses across the board. MPLS spring wheat was mixed with front moths down 1 to 2 cents and deferreds steady to 2 cents higher

Export Sales data from FAS will be out on Thursday, as analysts are expected to see 0 to 200,000 MT in old crop wheat business. Sales for 2026/27 are estimated to total 100,000 to 350,000 MT.

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