The wheat complex experienced mixed trading on Friday, January 5, 2024. Chicago SRW futures saw a minor decrease, with March futures down 12.5 cents for the week, closing at $5.06 1/2. Similarly, KC HRW futures fell 18.5 cents this week, while MPLS spring wheat prices dropped 8.5 cents.
The USDA will release Export Sales data on Monday morning for the week of Christmas, with expectations ranging from 100,000 to 500,000 MT in wheat sales. Additionally, details about the Farm Bridge Assistance program revealed a wheat payment of $39.35 per acre.
