The wheat complex is trading with mixed action on Friday. Chicago SRW futures are down 1 to 2 cents in most contracts so far on Friday. KC HRW futures are down fractionally in most contracts, as December expires. MPLS spring wheat is up 1 to 2 cents at midday.
Export Sales data for the week ending on November 20 will be released on Monday, with analysts looking for 300,000-750,000 MT in wheat sales.
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A South Korean importer purchased a total of 65,000 MT of wheat in a private purchased overnight.ย
Dec 25 CBOT Wheatย ย is at $5.34 1/2, up 3 1/4 cents,
Mar 26 CBOT Wheatย ย is at $5.32, down 1 1/2 cents,
Dec 25 KCBT Wheatย ย is at $4.98 3/4, down 16 3/4 cents,
Mar 26 KCBT Wheatย ย is at $5.21 1/2, down 3/4 cent,
Dec 25 MGEX Wheatย ย is at $5.81 1/2, unch,
Mar 26 MGEX Wheatย ย is at $5.78, up 1 3/4 cents,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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