US wheat futures closed mostly firmer on Friday, with concerns about a cutback in winter wheat plantings in the United States remaining in focus amid a flurry of export activity.
MGEX spring wheat led the gains, rising 1.4 percent to its highest since July 2015. K.C. hard red winter wheat gained 1.2 percent and hit its highest since August 19. Although most contracts posted higher closes, the benchmark Chicago Board of Trade March soft red winter wheat contract sagged 1/4 cent.
For the week, CBOT wheat rose 0.8 percent, its third straight week of gains. K.C. hard red winter wheat futures were up 2.8 percent and MGEX spring wheat rose 5.3 percent. Turkey's state grain board TMO purchased 99,000 tonnes of European Union-origin milling wheat in a tender. The wheat was likely to be sourced from EU countries in the Baltic Sea region.
Tunisia's state grains agency has purchased around 100,000 tonnes of optional-origin durum wheat in an international tender. Lowest price in the purchase was $273.96 a tonne c&f. South Korea's Major Feedmill Group (MFG) purchased about 60,000 tonnes of feed wheat of optional origin in a non-tender deal.
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