The wheat complex was under pressure for much of the session from money coming off the table into the weekend, though buyers pulled things off the lows. Chicago SRW contracts were down 12 to 18 1/4 cents in the front months at the close, with September slipping back 4 ¾ cents on the week. KC HRW futures were down 10 to 14 3/4 cents in the nearbys on the day, with September holding for a weekly gain of 13 cents. MPLS spring wheat fell back 10 to 15 ¾ cents, as front months Sep was 22 ½ cents higher this week.
Ukraine issued a proposal to keep vessels moving in the Black Sea, though there has been no formal agreement between the Ukraine and Russia.
