The wheat complex is experiencing losses across the three markets on Friday, with Chicago SRW futures down 6 to 7 cents, KC HRW futures falling back 5 to 6 cents, and MPLS spring wheat down 5 to 6 cents at midday. Export Sales data reveals accumulated wheat sale commitments at 21.595 MMT, which is 18% ahead of the same week last year and 88% of USDA’s forecast, aligning with the 89% average pace. As of March 26, CBOT wheat prices are as follows: Mar 26 at $5.34 3/4, May 26 at $5.44, Mar 26 KCBT at $5.41 1/4, May 26 KCBT at $5.52 1/4, Mar 26 MIAX at $5.76 1/4, and May 26 MIAX at $5.89 1/4.
Read more at Yahoo Finance: Wheat Falling at Midday
