The wheat complex saw contracts fall across the three markets on Friday, with Chicago SRW futures down 5 to 6 cents and KC HRW futures down 7 to 8 cents. MPLS spring wheat was steady to 2 cents lower. Export Sales data shows a 17% improvement in wheat export commitments from last year. USDA will release updated WASDE data, with analysts predicting US wheat stocks to be at 918 mbu. CFTC data shows a decrease in the spec fund CBT wheat net short position. StatsCanada released December 31 stocks data, indicating total wheat stocks at 27.5 MMT. Mar 26 CBOT Wheat closed at $5.29 3/4, down 5 1/2 cents. May 26 CBOT Wheat closed at $5.39, down 5 cents. Mar 26 KCBT Wheat closed at $5.31 1/4, down 7 1/4 cents. May 26 KCBT Wheat closed at $5.43 1/2, down 7 cents. Mar 26 MIAX Wheat closed at $5.70, down 1 1/2 cents. May 26 MIAX Wheat closed at $5.83 1/2, down 1 3/4 cents.

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