The wheat complex added to the weakness on Friday, with losses across the three markets. CBT soft red wheat futures were 1 to 2 cents in the red, with December just a penny lower this week. KC HRW futures were down 2 to 3 cents on Friday, taking the weekly loss to 7 \u00bd cents for December. MPLS spring wheat futures posted 3 to 4 \u00bc cent losses, with December down 4 \u00bc cent since last Friday. The US dollar index bounced into the Friday close, adding pressure to the commodities, up $0.334 to $97.305.<\/p>\n
The 7-day forecast is calling for 1-3 inches of rain from the eastern portions of the Central Plain, spilling over to the Appalachian range<\/p>\n
Don\u2019t Miss a Day: From crude oil to coffee, sign up free for Barchart\u2019s best-in-class commodity analysis.<\/a> <\/p>\n \u00a0<\/p>\n The Friday afternoon Commitment of Traders report indicated spec funds in Chicago wheat futures and options were trimming back their net short position by 6,569 contracts as of Tuesday, taking the total to 85,825 contracts. In Kansas City wheat futures and options, they trimmed their net short position by 1491 contracts, taking it to 51,534 contracts as of September 16.<\/p>\n The weekly Export Sales report showed accumulated sales (shipped and unshipped) at 13.156 MMT, which is 20% larger than last year and a 5-year high for this week. That is 54% of the USDA wheat export projection and 1 point ahead of the 5-year average sale pace.\u00a0<\/p>\n Dec 25 CBOT Wheat<\/a>\u00a0\u00a0closed at $5.22 1\/2, down 1 3\/4 cents,<\/p>\n Mar 26 CBOT Wheat<\/a>\u00a0\u00a0closed at $5.40 3\/4, down 1 3\/4 cents,<\/p>\n Dec 25 KCBT Wheat<\/a>\u00a0\u00a0closed at $5.07 1\/4, down 2 3\/4 cents,<\/p>\n Mar 26 KCBT Wheat<\/a>\u00a0\u00a0closed at $5.29 1\/4, down 2 1\/2 cents,<\/p>\n Dec 25 MGEX Wheat<\/a>\u00a0\u00a0closed at $5.68 1\/2, down 4 1\/4 cents,<\/p>\n Mar 26 MGEX Wheat<\/a>\u00a0\u00a0closed at $5.88, down 3 3\/4 cents,<\/p>\n On the date of publication,<\/p>\n