Wheat Posting a Wednesday Morning Rebound

Wheat markets experienced a rebound on Wednesday morning following declines the previous day. The wheat complex had faced downward pressure on Tuesday, with all three major markets closing lower.
Chicago SRW futures contracts had declined 11 to 14 cents on Tuesday, while KC HRW futures fell 9 1/2 to 11 1/4 cents across various contract months. Minneapolis spring wheat also posted losses, declining 5 1/2 to 10 3/4 cents across most contracts. Open interest rose 1,994 contracts during the selling