March Chicago Wheat is trading at 427 3/4, down 1/2 of a cent/bushel. May Chicago Wheat is trading at 442 1/4, down 1 cent/bushel. March Kansas City Wheat is trading at 440 1/2, down 2 1/2 cents/bushel.
Wheat futures are trading just above the session lows.
The USDA reported on Friday that wheat export sales as of January 12th are now 81.3 percent of the agency forecast versus the five year average of 77.1 percent.
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