The wheat complex was in rally mode in three exchanges on Friday. Chicago SRW Futures ran from 17 to 18 cents a day, slipped back in July during July. The Census City HRW contracts were also about 17 to 18 cents more, limited to the week with deficit for July. Miniapolis spring wheat futures were 13 to 14 cents in green on Friday, closing the week with July.

Weekly CFTC data managed the money by cutting back 6,561 contracts from its large pure short position in futures and options of Chicago wheat. He kept a net shortage of 94,011 contracts till Tuesday. In Canasus City Wheat, he trimmed 3,064 contracts from 74,964 contracts from his big net short till June 10.

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USDA export sales data currently have 2025/26 commitments. It is 26.4% of the USDA projection that was updated on Thursday, and compare with an average of 5 years at 24%.

The French soft wheat crop was rated on 70% GD/pre -frankimer estimates, which improved 1 digit a week.

Jul 25 cbot wheat Closed at $ 5.43 3/4, up to 17 1/4 cents,

25 September cbot wheat Closed at $ 5.59 1/4, up to 17 1/2 cents,

July 25 KCBT Wheat Closed at $ 5.40 3/4, up to 18 cents,

25 September KCBT Wheat Closed at $ 5.55, up to 17 1/2 cents,

Jul 25 mgex wheat Closed at $ 6.34 1/4, up to 13 1/2 cents,

September 25 Magex Wheat Closed at $ 6.45 1/4, up to 13 1/2 cents,

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