Wheat is trading with losses across the winter wheat contracts on Tuesday, with spring wheat pushing higher. The wheat complex was on Monday as movement was quiet to start the week. CBT futures were steady in the nearby contracts on Monday. Despite the little movement, preliminary open interest rose 18,022 contracts. Kansas City HRW contracts ended the Monday session with losses of 1 to 2 cents. MPLS spring wheat closed with fractionally mixed trade on Monday

Crop Progress data from USDA shows the US winter wheat 86% harvested, with 87% the normal harvest pace. The spring wheat crop was 95% headed, with harvest now at 5% and behind the 9% average. Conditions were listed at 48% gd/ex, down 1%, as the Brugler500 index was stead at 332.

Monday morning’s Export Inspections report showed a total of 599,595 (22.03 mbu) of wheat shipped in the week of 7/31. That is more than double the previous week and 27.18% above the same week in 2024. The Philippines was the top destination of 118,438 MT, with 85,951 MT headed to Nigeria, and 78,224 MT on its way to Mexico. Marketing year shipments are now at 3.911 MMT (143.7 mbu), which is 8.75% above the same period last year.

A South Korean importer purchased 65,000 MT of wheat from the US in a private deal overnight

Sep 25 CBOT Wheat  closed at $5.16 3/4, unch, currently down 3 cents

Dec 25 CBOT Wheat  closed at $5.37, unch, currently down 2 3/4 cents

Sep 25 KCBT Wheat  closed at $5.17, down 1 3/4 cents, currently down 4 cents

Dec 25 KCBT Wheat  closed at $5.37 1/2, down 1 cent, currently down 4 cents

Sep 25 MGEX Wheat  closed at $5.73, up 3/4 cent, currently up 1 1/2 cents

Dec 25 MGEX Wheat  closed at $5.96, down 3/4 cent, currently up 1 3/4 cents