Wheat futures fell on Friday, with Chicago SRW down 5-6 cents and KC HRW down 7-8 cents. MPLS spring wheat held steady. Export sales data shows a 17% improvement in wheat export commitments compared to last year. USDA will release updated WASDE data, with analysts expecting US wheat stocks to be at 918 mbu. CFTC data shows a decrease in the spec fund CBT wheat net short position. CBOT and KCBT wheat futures closed lower, with MIAX wheat futures closing mixed. Austin Schroeder did not have any positions in the mentioned securities.
Read more at Yahoo Finance: Wheat Trading with Weakness on Monday Morning
