International Wheat Market Report as on 14th March 2017

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Wheat futures traded mostly 10 1/2 to 12 1/2 cents lower. KC was 12 3/4 lower, MPLS was down 12 3/4 cents and CHI lost 10 1/2 cents. Condition reports for TX, KS, and OK were released this afternoon after the close. TX was relatively unchanged at 35% g/e. OK was fairly unchanged as g/e dropped 1% to 42%. KS conditions deteriorated 3% for g/e to 40% as fair increased 2% to 37%. Wheat export inspections for the week of March 9 were 519,127 MT, down 11.04% wk/wk, but 27.54%larger than the same week last year.

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