The benchmark Chicago Board of Trade soft red winter wheat contracts followed K.C. wheat higher after a sluggish start to the trading day. The US Agriculture Department reported that weekly export sales of wheat totalled 421,900 tonnes, near the high end of market forecasts that ranged from 200,000 to 450,000 tonnes. Wheat futures remained below highs hit earlier this month.
The benchmark Chicago Board of Trade soft red winter wheat contracts followed K.C. wheat higher after a sluggish start to the trading day. The US Agriculture Department reported that weekly export sales of wheat totalled 421,900 tonnes, near the high end of market forecasts that ranged from 200,000 to 450,000 tonnes. Wheat futures remained below highs hit earlier this month.