BRUG - Thu Dec 07, 4:04PM CST

Wheat futures ended the day with 2 to 5 cents losses in most contracts on Thursday. All wheat export sales for the week of 11/30 ran in the middle of expectations at 321,434 MT for 17/18 and 1,600 MT for 18/19 sales. Old crop sales were 74.3% above last week’s total but were still 36.1% lower than this week in 2016. Unknown destinations was the lead buyer at 69,800 MT, with Japan purchasing 63,100 MT. Shipments of all wheat rose 17.43% from last week’s report to 396,370 MT. That was still 28.65% lower than this week last year, as 99,100 MT was shipped to Taiwan.

Dec 17 CBOT Wheat closed at $3.94 1/4, down 4 1/4 cents,

Dec 17 KCBT Wheat closed at $4.03, down 3 cents,

Dec 17 MGEX Wheat closed at $5.98 3/4, down 5 cents

Market Commentary provided by:

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