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Mark Soderberg at ADM Investor Services said, “Prices are little changed as all 3 classes consolidate within yesterday’s range. CGO Dec-26 is $.01 higher at $6.00, Dec-26 KC is unchanged at $6.43 while Dec-26 MIAX is $.00 ½ lower at $6.19 ¼. Both CGO and KC fell to 3-4 month lows yesterday while MIAX set a new contract low.” Amanda Brill at Total Farm Marketing said, “Estimates for this week’s export sales report see wheat sales in a range between 200k and 550k tons for 26/27 while exports for 27/28 are expected to be within 0 and 50k mt.”
