Wheat prices are down on Monday morning, with Chicago SRW futures losing 4 to 5 cents. KC HRW futures were also down 4 to 5 cents on Friday. Export Sales data for the week ending on November 20 is expected to show 300,000-750,000 MT in wheat sales. Commitment of Traders data revealed spec funds trimming their net short positions in Chicago and KC wheat futures and options. As of November 26, CBOT Wheat closed at $5.29 1/4, KCBT Wheat closed at $5.18, and MGEX Wheat closed at $5.76 3/4.
Read more at Yahoo Finance: Wheat Posting Monday AM Losses
