International Wheat Market Report 28th September 2017

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Wheat futures ended the Wednesday session with most CBT and KC contracts 5 to 7 3/4 cents in the green. MPLS was slightly weaker up 3 to 4 cents. Analysts are expecting 17/18 export sales for the week of 9/21 to be in the range of 250,000-450,000 MT in Thursday’s Export Sales report. Last week’s report showed sales of just 307,214 MT. Traders are looking for USDA to show smaller spring wheat production on Friday, although expectations vary greatly regarding the size of the cut.

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