The wheat complex was lower across the three markets on Monday. CBT soft red wheat futures posted 1 to 3 ¾ cent losses on the day. KC HRW futures were fractionally lower to close the session. MPLS spring wheat saw 2 to 3 cent losses on the day.
Crop Progress data from USDA showed the US winter wheat 94% harvested, with 95% the normal harvest pace. The spring wheat harvest was 36% complete, behind the even with the 5-year average. Conditions were listed at 50% gd/ex, up 1%, with the Brugler500 index back up 2 points at 333.
