December Wheat finished up 1 at 625 1/4, 4 3/4 off the high and 12 1/4 up from the low. March Wheat closed down 1 3/4 at 656 1/4. This was 9 1/4 up from the low and 6 1/4 off the high. December wheat closed slightly higher on the session with other months mixed. December KC wheat closed down 2 3/4 cents while December Minneapolis wheat was trading near 9 1/4 cents higher on the session late in the day. The market was under pressure early in the session led by weakness in outside markets and strength in the US dollar but a lack of aggressive new selling early plus higher trade in Minneapolis wheat helped support a strong rally from the early lows to trade moderately higher on the day. Weakness in the other grains helped to limit the advance and the market set-back to near unchanged on the day into the mid-session. Taiwan is tendering to buy 43,950 tonnes of US wheat. Japan is tendering for 102,652 tonnes of food wheat at their weekly tender. Weekly export inspections came in at 16.36 million bushels which was near the low end of trade expectations and compares with 18.4 million necessary each week to reach the USDA projection for the year. December Oats closed down 1/2 at 339. This was 3 up from the low and 2 1/4 off the high.

Bron: CME