Wheat markets are showing weakness on Wednesday, following a mixed performance on Tuesday. December 2025 CBOT Wheat futures closed at $5.50 1/4, up 6 3/4 cents, but are currently down 1 3/4 cents. Kansas City HRW and Minneapolis spring wheat futures also experienced slight gains on Tuesday before falling. Open interest dropped significantly, with CBT down 2,815 contracts and KC down 1,373 contracts.
Notably, reports suggest Chinese interest in U.S. wheat, although no purchases have been confirmed due to a government shutdown affecting export sales data. Meanwhile, EU wheat exports from July 1 to November 2 totaled 8.03 million metric tons, a decrease of 0.29 million metric tons compared to the same period last year.
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