The wheat complex is slipping lower across all three markets at midday, but bouncing off early lows. Chicago SRW futures are steady to 2 cents lower. KC HRW futures are down 4 to 5 cents in the front months on Tuesday. MPLS spring wheat are fractionally to 2 cents weaker at midday.

Precip will be limited in the Southern Plains over the next week, with some totals from scattered precip to 2 inches in parts of SRW country.

Coffee Prices Fall on the Prospects for a Bumper Crop in Brazil

Improved Brazil Coffee Crop Prospects Weigh on Prices

Surging Winter Wheat Prices Are Lifting Grain Futures Across the Board. What to Watch Next.

Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.

EU soft what exports from July 1 to February 22 have totaled 15.38 MMT according to European Commission data, up 1.36 MMT from the same week last year. Algeria purchased wheat in a tender on Tuesday, though totals have yet to be announced.

Mar 26 CBOT Wheat  is at $5.67 3/4, down 1 3/4 cents,

May 26 CBOT Wheat  is at $5.73 3/4, unch,

Mar 26 KCBT Wheat  is at $5.55 1/4, down 4 3/4 cents,

May 26 KCBT Wheat  is at $5.68, down 4 1/4 cents,

Mar 26 MIAX Wheat  is at $5.81, down 1 1/4 cents,

May 26 MIAX Wheat  is at $5.97, down 1/4 cent,

On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com