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Barchart
Austin Schroeder

REVEALED: Wheat trading lower on friday - The Real Truth

Chicago KC HRW MPLS CBOT Wheat KCBT Wheat MIAX Wheat

The wheat complex is showing losses in most contracts on Friday. Chicago SRW contracts are down 11 to 13 cents in the front months. KC HRW futures are 8 to 10 ½ cents in the nearby contracts. MPLS spring wheat is down 8 cents in the nearby contracts.

Export Sales data has wheat sales at 5.522 MMT, which is down 16% from last year. That is 26% of the USDA export projection and lags the 28% 5-year average.

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