Wheat Market Update: Weather, Exports, and Price Watch
Update: 2025-10-16
Description
Wheat weathers a mixed day! Chicago, Kansas City, and Minneapolis wheat contracts all closed slightly lower despite attempts to rally. Traders are eyeing a drier forecast for the Southern Plains and rain for soft red wheat areas. South Korea bought US wheat, while France tweaked its export estimates. The delayed USDA report anticipates US wheat sales between 300-650k metric tons. Stay tuned as prices, weather, and exports drive the market.
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