Wheat Lower At Midday
BRUG - Thu Nov 07, 12:14PM CST

Chicago and Kansas City wheat are fractionally lower at midday. MLPS wheat is 3 1/4 cents lower so far. The weekly Export Sales for wheat were 360,568 MT which was down 16.98% compared to last week’s sales and a 45.47% decline over the same week last year. FAS shows 408,500 MT of wheat was shipped out for the week ending 10/31; with the main destinations being Japan (20.95%), Philippines (15.91%), South Korea (15.59%), Mexico (13.17%), and Taiwan (12.44%). Accumulated exports through the first 22 weeks of the MY are 10.766 MMT, which is up 25.47% over last MY’s pace.

Dec 19 CBOT Wheat is at $5.16 1/2, down 1/4 cent,

Dec 19 KCBT Wheat is at $4.27 1/2, down 1/4 cent,

Dec 19 MGEX Wheat is at $5.20, down 3 1/4 cents,

-- provided by Brugler Marketing & Management




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