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Wheat Mini Mar '25 (XWH25)

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Wheat Mini Futures Market News and Commentary

Wheat Closes with Mostly Higher Trade

The wheat complex ended the Tuesday session with contracts mostly higher. Chicago SRW futures were the exception, fractionally mixed across the board. KC HRW contracts were up 3/4 to 2 1/4 cents across the board. MPLS spring wheat was up 1 to 2 ½ cents, as Dec closed up 9 cents.

After easing of some drier conditions through November, dryness is creeping back into much of the US winter wheat growing regions over the next week.

Japan is tendering for 111,405 MT of wheat from Australia, Canada, and the US, with 56,945 MT US specific. The EU has exported 9.48 MMT of soft wheat from the first of July through December 1 according to the European Commission. That is well below the 13.75 MMT from the same point last year.

Dec 24 CBOT Wheat  closed at $5.36 3/4, down 3/4 cent,

Mar 25 CBOT Wheat  closed at $5.47 1/2, up 1/4 cent,

Dec 24 KCBT Wheat  closed at $5.24 3/4, up 1 cent,

Mar 25 KCBT Wheat  closed at $5.41 3/4, up 1 1/4 cents,

Dec 24 MGEX Whea... Read more

Contract Specifications

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Contract
Chicago Soft Red Winter Wheat mini-sized
Contract Size
1,000 bushels
Tick Size
1/8 cent per bushel ($1.25 per contract)
Trading Hours
7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Sun-Fri) CST
Exchange
CBOT
Point Value
$10
Margin/Maintenance
$385/350
First Notice Date
02/28/25 (86 days)
Expiration Date
03/14/25 (100 days)

Seasonal Chart

Wheat Mini Mar '25
Average Price Chart for 5 Prior Mar Contracts
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
542-6 +1.06%
on 12/02/24
596-2 -8.01%
on 11/07/24
-39-0 (-6.64%)
since 11/04/24
3-Month
542-6 +1.06%
on 12/02/24
638-7 -14.15%
on 10/03/24
-52-2 (-8.70%)
since 09/04/24
52-Week
542-6 +1.06%
on 12/02/24
770-0 -28.77%
on 05/28/24
-132-2 (-19.43%)
since 12/04/23

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Wheat Closes with Mostly Higher Trade

The wheat complex ended the Tuesday session with contracts mostly higher. Chicago SRW futures were the exception, fractionally mixed across the board. KC HRW contracts were up 3/4 to 2 1/4 cents across...

KEH25 : 542-4 (+0.14%)
MWZ24 : 569-0s (+1.61%)
KEZ24 : 524-6s (+0.19%)
ZWZ24 : 541-0 (+0.79%)
ZWH25 : 548-6 (+0.23%)
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Wheat Backing off Highs at Midday

The wheat complex is backing off the early strength on Tuesday, with the three markets holding slight gains at midday. Chicago SRW futures are up fractionally in the nearbys, with thin Dec up 7 ¼. KC...

KEH25 : 542-4 (+0.14%)
MWZ24 : 569-0s (+1.61%)
KEZ24 : 524-6s (+0.19%)
ZWZ24 : 541-0 (+0.79%)
ZWH25 : 548-6 (+0.23%)
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Grain markets were relatively mute to start the new month but are finding their footing in the early morning trade. Can the momentum continue through the session?

Wheat Popping Higher on Tuesday Morning

The wheat complex is starting off Tuesday trade with some strength. The three exchanges were was mostly lower on Monday, with the nearby Dec winter wheats seeing gains. Chicago SRW futures were down fractionally...

KEH25 : 542-4 (+0.14%)
MWZ24 : 569-0s (+1.61%)
KEZ24 : 524-6s (+0.19%)
ZWZ24 : 541-0 (+0.79%)
ZWH25 : 548-6 (+0.23%)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 565-4
2nd Resistance Point 561-1
1st Resistance Point 554-3
Last Price 548-4
1st Support Level 543-2
2nd Support Level 538-7
3rd Support Level 532-1

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52-Week High 770-0
Fibonacci 61.8% 683-2
Fibonacci 50% 656-3
Fibonacci 38.2% 629-4
Last Price 548-4
52-Week Low 542-6

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