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Amanda Brill at Total Farm Marketing said, “Wheat closed with continued pressure for the winter contracts, but spring wheat again held up much better. December Chicago lost 7-3/4 cents to 527-3/4, Kansas City was down 3 cents at 519-1/4, and MIAX gained 1 cent to 558. With Argentine wheat offers said to currently be the world’s cheapest, this is likely weighing on the U.S. market.” Chad Pater at CHS Hedging said, “Starting November 7 through November 11, Russia's wheat export tax has been reduced to 76 rubles per ton, a 54.6% drop from last week's rate of 167.7 rubles per ton.”





