Wheat Jul '26 (ZWN26)
Wheat Futures Market News and Commentary
The wheat complex was in rally mode on Tuesday, hitting the limit in a few contracts. Chicago SRW was up as little as 13 ½ cents in the deferreds to the 45 cent limit in July. KC HRW futures rallied from 27 ¼ cents higher to the limit in the front months on Tuesday. MPLS spring wheat joined in on the rally, with contracts up 17 ½ to 37 ½ cents. The CBT and KC markets will have expanded limits of 70 cents on Wednesday.Â
The USDA Crop Production report from this morning showed winter wheat production at 1.048 bbu, which was well below estimates of 1.211 bbu. HRW production was seen at 514.8 mbu, with SRW at 300.9 mbu and white winter at 231.8 mbu. All wheat production was 1.561 bbu, 186 mbu below the average estimate.
The May WASDE showed old crop stocks at 935 mbu, which was down 3 mbu from the April total, on a 7 mbu cut to food and 10 mbu increase to exports. New crop US stocks were seen at 762 mbu, compared to estimates of 845 mbu, mainly on the lower production. World... Read more
Barchart · Wed May 13, 7:25AM CDT
Corn prices are down fractionally to a penny so far on Wednesday AM trade. Futures held on Tuesday, with contracts up 4 to 5 cents at the close. A limit...
Barchart · Wed May 13, 7:25AM CDT
Soybeans are trading with 1 to 2 cent gains on Wednesday morning. Futures were in rally mode on Tuesday, with contracts up 10 1/4 to 13 3/4 cents at the...
Barchart · Wed May 13, 7:25AM CDT
Wheat is trading mixed on Wednesday morning, with Chicago on a weaker note, The wheat complex was in rally mode on Tuesday, hitting the limit in a few...
Walsh Trading · Tue May 12, 8:06PM CDT
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The forecast for 2026/27 United...
Barchart · Tue May 12, 5:27PM CDT
Soybeans were in rally mode on Tuesday, with contracts up 10 1/4 to 13 3/4 cents at the close. The cmdtyView national average Cash Bean price was up 14...
Barchart · Tue May 12, 5:27PM CDT
Corn futures held on Tuesday, with contracts up 4 to 5 cents at the close. A limit rally in the wheat market was supportive. The CmdtyView national average...
Barchart · 19 minutes ago
Coinbase is cutting 14% of its workforce. Here's what the Q1 earnings show, what's driving the decision, and how investors should think about COIN stock...
Barchart · 24 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.47%, and the Nasdaq 100 Index ($IUXX...
Barchart · 34 minutes ago
Amid concerns about an AI bubble, Bernstein analysts think Nvidia is trading at a relatively low valuation.
Barchart · 34 minutes ago
This inverse ETF lets you profit from a major decline in the S&P 500.
Barchart · 44 minutes ago
CoreWeave posted strong first-quarter results on May 7, following which analysts have pointed toward its massive backlog as a reason to buy the stock.
Barchart · 49 minutes ago
Generative AI destroyed Chegg's business model in record time, and the education company's huge collapse is an important cautionary tale on AI disruption....
Barchart · 52 minutes ago
Cirrus Logic is up on earnings, which analysts attribute to a win with Face ID.
Barchart · 1 hour ago
ZoomInfo stock cratered after sweeping layoffs and weak guidance reignited fears that AI could disrupt the company’s core sales-intelligence business....
