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Wheat futures were up another 3 cents for Dec16 CBT, but the KC and MGE December contracts ended the day unchanged. Trader ideas for the USDA weekly Export Sales report this morning ranged from 350,000 to 550,000 MT. The data showed 646,100 MT of old crop bookings with another 26,300 MT booked for delivery in 2017/18. That is a week/week increase of 26%. About 33.7% of the old crop total was booked for unknown destinations. Gulf barge bids for CIF SRW jumped a dime for October shipment at 45 cents over the Dec board price in the midday report.
Dec 16 CBOT Wheat settled at $4.14 1/2, up 3 cents,