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Wheat futures are slightly lower at midday. USDA weekly Export Sales of 513,800 MT published on Thursday morning were towards the higher end of pre-report trade expectations, and up 4.6% week/week. Shipments were up 21.8% week/week. Private exporters reported to the USDA 114,000 MT of wheat was sold to unknown destinations for 2016/17 delivery. Of the total, 41,000 MT was SWW and 73,000 MT was HRS. Egypt booked 120,000 MT of Russian wheat for Nov 21 to 30 delivery.
Dec 16 CBOT Wheat is at $4.15 1/2, down 1 1/2 cents,
Dec 16 KCBT Wheat is at $4.22 3/4, down 1/4 cent,
Dec 16 MGEX Wheat is at $5.29 3/4, down 1 1/2 cents