After a higher start to the week, wheat futures are fading off on the Friday session with losses across the three markets. Chicago SRW futures are down 14 to 15 cents across front months. KC HRW contracts are 13 to 14 cents lower on the day. MPLS spring wheat is down 9 to 10 cents midway through the session.

Weekly Export Sales indicated total export commitments for wheat and products are now 23% above the previous year and a 3-year high at 11.713 MMT. That is 52% of the full year USDA projection, which is above last year’s pace, with the 5-year average sales pace at 56%.

The FranceAgriMer pegged the country’s soft wheat crop at 1% planted as of September 30.

Dec 24 CBOT Wheat  is at $5.88 3/4, down 14 3/4 cents,

Mar 25 CBOT Wheat  is at $6.12 1/4, down 14 1/4 cents,

Dec 24 KCBT Wheat  is at $5.97 3/4, down 13 3/4 cents,

Mar 25 KCBT Wheat  is at $6.14 1/2, down 13 1/2 cents,

Dec 24 MGEX Wheat  is at $6.36 3/4, down 9 1/2 cents,

Mar 25 MGEX Wheat  is at $6.58, down 9 1/4 cents,