The wheat complex was mixed on Wednesday, with winter wheat the strongest. CBT soft red wheat was 2 to 3 ¼ cents higher at the final. KC HRW futures were steady to 3 cents higher in the front months on Wednesday.  MPLS spring wheat futures saw weaker trade at the close, with contracts down 1 to 2 cents.

The market was quiet on Wednesday ahead of the Trump/Xi meeting later this evening.

Despite the lack of USDA data release, the trade is looking for wheat export business during the week of October 23 to have totaled 350,000 to 600,000 MT.

Dec 25 CBOT Wheat  closed at $5.32 1/4, up 3 1/4 cents,

Mar 26 CBOT Wheat  closed at $5.47 3/4, up 2 cents,

Dec 25 KCBT Wheat  closed at $5.22 3/4, up 2 3/4 cents,

Mar 26 KCBT Wheat  closed at $5.38, unch,

Dec 25 MGEX Wheat  closed at $5.61 1/2, down 1 1/4 cents,

Mar 26 MGEX Wheat  closed at $5.80, down 1 3/4 cents,

More news from Barchart

• How Much Higher Can Wheat Prices Go Now?
• Grains in Q3- Can the Price Weakness Continue?
• Grain Bulls Are Showing Some Signs of Life. Here’s What to Watch Next.
• Wheat Bulls Are Gaining Momentum. What to Watch Before You Buy.