December Wheat finished down 13 at 806 3/4, 17 1/4 off the high and 8 3/4 up from the low. September Wheat closed down 13 1/2 at 783 1/4. This was 8 1/4 up from the low and 17 3/4 off the high.

The wheat market opened lower along with corn and the soybean complex. After initially pushing to sharply lower levels early in the session, wheat rallied to slightly higher levels on the day in late morning and early afternoon. Floor traders reported that funds were also sellers early on, but this selling dried up during mid session. Chicago lost to KC wheat in early trade, but recovered some of its losses into the close. Weather is becoming less of a factor as harvest wraps up in Ohio and clear weather allows farmers to concentrate on the few remaining fields, mostly in the extreme northern tier. Jordan bought 100,000 tonnes of wheat from Russia and Ukraine. Tunisia is in the market for 42,000 tonnes of soft wheat adding to an already active tender calendar for wheat. Traders report that Iraq may have bought 100,000 tonnes of wheat from Europe on its tender for 50,000 tonnes, but some are expressing doubt as to the low prices being reported. Basis levels remain weak across the Midwest during the last stages of the soft red harvest.

September Oats closed down 2 at 385. This was 3 up from the low and 5 off the high.