The wheat complex was mixed on Wednesday, with winter wheat the strongest. CBT soft red wheat was 2 to 3 ¼ cents higher at the final. KC HRW futures were steady to 3 cents higher in the front months on Wednesday. MPLS spring wheat futures saw weaker trade at the close, with contracts down 1 to 2 cents.
The market was quiet on Wednesday ahead of the Trump/Xi meeting later this evening.
Despite the lack of USDA data release, the trade is looking for wheat export business during the week of October 23 to have totaled 350,000 to 600,000 MT.
On the date of publication,
Austin Schroeder
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