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December Chicago Wheat is trading at 392 3/4, down 4 1/4 cents/bushel. March Chicago Wheat is trading at 415 1/2, down 5 1/2 cents/bushel. December Kansas City Wheat is trading at 397 3/4, down 4 1/2 cents/bushel.
Wheat futures are trading near the lows of the day. Trading is choppy.
The USDA reported on Monday that as of August 25th wheat export inspections for the 2016-2017 marketing year are now 25.1 percent of the USDA forecast versus the 5 year average of 26.9 percent.
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