The wheat complex is trading with mostly lower trade on Thursday. Chicago SRW is fractionally lower so far at midday. KC HRW futures are down 3 to 4 cents at midday. MPLS spring wheat is fractionally lower on the session.
USDA’s Export Sales report from this morning showed 289,255 MT of wheat sales in the week of 9/24, on the lower side of traders looking for between 250,000 MT and 450,000 MT. That was up 8.11% from last week but down 8.43% from the same week last year.
