The wheat complex is showing mixed Friday trade, with the spring wheat market holding higher. Chicago SRW contracts are fractionally lower on the session. KC HRW futures are trading with 3 to 4 cent losses at midday. MPLS spring wheat is showing contracts fractionally to 1 ½ cents higher.
USDA’s Export Sales report from Thursday took total wheat export sales to 9.737 MMT, which is 31% below the same time last year. That is also 46% of the USDA projected export total and lags the 56% average pace.