Wheat Pushing Higher as Exports Tick Up

The wheat complex is trading with gains across most contracts on Monday. Chicago SRW futures are up 4 to 5 cents at Monday’s midday. KC HRW futures are up 5 to 6 cents so far on the day. MPLS spring wheat is 1 to 2 cents higher. Export Inspections data showed wheat shipments at 627,443 MT (23.05 mbu) shipped in the week that ended on December 18. That was an increase of 28.2% from the week prior and up 46.79% from same week last year. Mexico was the top destination of 98,816 MT, with 73,777 MT to Japan, 6 ...