The wheat complex is on the rise with Chicago SRW futures up 13 to 14 cents, KC HRW futures up 10 to 12 cents, and MPLS spring wheat up 4 to 5 cents. Market support comes from a weaker dollar index this week.
Export Sales data to be released on Thursday is expected to show wheat sales between 275,000 and 600,000 MT for the week ending January 22.
CBOT Wheat prices are up with Mar 26 at $5.37 1/2, up 14 1/4 cents, and May 26 at $5.45 3/4, up 13 cents. KCBT Wheat prices are also up with Mar 26 at $5.43 1/2, up 10 3/4 cents, and May 26 at $5.54, up 11 1/4 cents. MIAX Wheat prices are up as well.
Read more at Yahoo Finance: Wheat Trading with Wednesday Gains
