The wheat complex is showing mixed action across the three exchanges on Thursday. Chicago SRW contracts are steady to a penny higher at midday. KC HRW futures are slipping back 2 to 3 cents on the session. MPLS spring wheat is up 5 to 6 cents so far on the day.
The weekly USDA Export Sales report showed a total of 393,655 MT of 2026/27 wheat sales in the week ending on August 13, on the higher side of the estimates looking for a range of 200,000 to 450,000 MT. That was the third highest for the marketing year but still 24.26% below the same week last year.
