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Austin Schroeder

FORGOTTEN HISTORY: Wheat pulling off early lows but still under pressure on friday - Caught on Camera

Chicago KC HRW MPLS Black Sea CBOT Wheat KCBT Wheat MIAX Wheat

The wheat complex is facing pressure from money coming off the table into the weekend following Black Sea news. Chicago SRW contracts are down 18 to 20 cents at midday. KC HRW futures are down 17 to 18 cents on the day. MPLS spring wheat are falling back 17 to 18 cents on the session.

Ukraine issued a proposal to keep vessels moving in the Black Sea, though there has been no formal agreement between the Ukraine and Russia.

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