The wheat complex is showing mostly modest gains on Friday. Chicago SRW futures are mixed, with May down 3 ½ cents and other contracts up 1 to 2 cents. There were 312 delivery notices against May CBT wheat futures overnight. KC HRW futures are showing gains of a nickel in the nearby contracts on Friday. MPLS spring wheat is fractionally higher across the front months.
Much of the US remains dry for the next week, with exception to portions of central TX, as well as precip resuming in parts of SRW country later in the next 7 day period. Much of the Central/Northern Plains stretching to the northern part of TX remain dry.
