The Monday session has futures double digits in the red. Chicago SRW wheat futures are 15 1/2 to 19 cents lower. KC HRW futures are 13 1/2 to 15 1/2 cents lower. MGE HRS wheat losses are 10 1/2 to 16 cents so far. Wheat exports from the week ending September 17 were reported at 469,939 MT. That was down 222k MT wk/wk and 18.7k MT below the same week last year. Japan was the top destination for the week with 95,726 MT, and at number two, Brazil was shipped 63,074 MT. Export Inspections data has MYTD wheat exports at 8.624 MMT, outpacing last MY by 7.6%. Trader expect NASS to show spring wheat harvest at 97% complete in tonight’s Crop Progress report. The average pre-report estimate for winter wheat planting is 22%, up 12% from last week if realized. IHS Markit estimates 2021 wheat planted area will increase 1.1m acres. Taiwan issued a tender for 91,300 MT of U.S. wheat. Pakistan is also seeking 300k MT of optional origin wheat.

--- provided by Brugler Marketing & Management