December Chicago Wheat is trading at 411 3/4, down 1/4 of a cent/bushel. March Chicago Wheat is trading at 430 1/4, up 1/2 of a cent/bushel. December Kansas City Wheat is trading at 408 3/4, down 1 1/4 cents/bushel.
The USDA reported on Thursday that wheat export sales for the current marketing year as of October 27th are now 61.4 percent of the USDA forecast versus the five year average of 60.5 percent.
The European Union (E.U.) issued export licenses during the week for 418,000 tonnes of wheat. The E.U. has now exported 8.15 million tonnes of wheat for the current season.
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