Wheat Bulls Catching Up on The Grain Rally

The wheat complex is trading with gains across the three markets on Thursday. Chicago SRW futures are 8 to 9 cents higher in the front months. KC HRW futures are 7 to 8 cents in the green at midday. MPLS spring wheat is up 2 to 3 cents so far. Export Sales data from this morning showed 373,877 MT of wheat sold in the week of January 29, on the lower side of analysts looking for between 300,000 and 600,000 MT. That was down 33.02% from the previous week and 14.81% below the same week last year. Another 41, ...