Wednesday wheat trading closed with prices of the highs, but still double digits in the black. CBT SRW futures were 11 1/4 to 13 1/2 cents higher on the day. KC wheat gained 9 1/2 to 10 cents on Wednesday. Spring wheat futures ended the session up by 9 1/4 to 11 1/4 cents.

Traders surveyed ahead of the weekly Export Sales report expect USDA to report less than 200,000 MT of old crop wheat bookings for the week ending 4/15. New crop wheat sales are estimated between 200,000 to 500,000 MT.

Japan’s weekly MOA wheat tender is for 85,110 MT of wheat with 59,510 to be U.S. origin.

Analysts surveyed ahead of Canada’s StatsCan Acreage report show an expected drop in Canadian wheat area. The average estimate for all wheat acres is 23.7 million, which would be down from 24.98 million in 19/20. Durum acreage is estimated to be 1.8m acres lower at 5.5 million. The report is scheduled for next Tuesday.

Cash SRW Wheat  was $6.47 3/7, up 13 1/2 cents,

May 21 CBOT Wheat  closed at $6.73 1/4, up 13 1/2 cents,

Jul 21 CBOT Wheat  closed at $6.75, up 13 3/4 cents,

Cash HRW Wheat  was $6.00, up 10 cents,

May 21 KCBT Wheat  closed at $6.30 3/4, up 10 cents,

Jul 21 KCBT Wheat  closed at $6.37 3/4, up 9 3/4 cents,

May 21 MGEX Wheat  closed at $6.78 1/2, up 9 1/2 cents,