The wheat market closed the week with mixed results, as CBT soft red wheat futures saw gains while spring wheat slipped back. Managed money increased their net short position in CBT wheat, while specs trimmed back in KC wheat. USDA reported the largest export sales for the current week since 2013/14, meeting 46% of the forecast. Prices for CBOT and KCBT wheat closed higher, while MGEX wheat closed lower.
Read more at Yahoo Finance: Wheat Closes Mixed as Spring Wheat Weighs on Things