The wheat complex posted gains across the three exchanges to close out Wednesday. Chicago SRW futures were up 1 1/4 to 5 1/2 cents on the day. KC HRW contracts were 3 to 5 3/4 cents higher on the session. MPLS spring wheat saw a recovery of 1 ¼ to 4 ¾ cents.
Crop Progress data showed the winter wheat planting pace at 64% complete as of October 13, which is 2% back of the average pace. Emergence was pegged at 35% , vs. the 5-year average pace of 38%.
The FranceAgirMer expects the French soft wheat stocks to total 2.51 MMT, a 0.24MMT drop from last month
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