The wheat complex closed the midweek session with winter wheats fading lower and spring wheat closing higher. Chicago SRW contracts were down 2 to 9 ¼ cents on Wednesday. There were another 9 deliveries overnight against Sep CBT wheat. KC HRW futures were down 1 ¾ to 11 cents in most contracts at the close. There were 29 delivery notices for September KC wheat overnight. MPLS spring wheat was the firmest of the three exchanges, up 4 ¼ to 12 cents.
Overnight, Russia suspended the export duty on grain exports through the end of the year.
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#contracts #down