Wheat Futures Mixed
BRUG - Fri Aug 23, 12:25PM CDT

Wheat futures are mixed across the three markets at midday, with MPLS steady. KC is 1 to 3 cents lower, with CBT firm to 3 cents higher. Thursday’s Export Sales report showed YTD accumulated shipments at 20% of the USDA full year projection, vs. the average at 21% and 17% last year. Unshipped sales are lagging behind the average, as total commitments are 39% of that projection with the average of 45% and last year’s 35%. China announced a 10% tariff increase on US wheat effective December 15.

SEP 19 CBOT Wheat is at $4.70 1/4, up 3 cents,

SEP 19 KCBT Wheat is at $3.90 1/2, down 2 3/4 cents,

SEP 19 MGEX Wheat is at $4.98 1/2, unch,

--- provided by Brugler Marketing & Management

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