December Chicago Wheat is trading at 417 3/4, up 3/4 of a cent/bushel. March Chicago Wheat is trading at 438, up 1/2 of a cent/bushel. December Kansas City Wheat is trading at 424 1/2, up 1 1/2 cents/bushel.
Wheat futures are trading steady.
The USDA reported on Thursday that wheat export sales for 2016 to 2017 as of October 13th are now 58.1 percent of the agency forecast versus the five year average of 57.3 percent.
The European Union (EU) issued export licenses during the week totaling 209,000 tonnes. EU wheat sales for the season are now at 7.5 million tonnes, up 15 percent from a year ago.
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