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Wheat Jul '23 (ZWN23)

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Wheat Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Wheat prices and Wheat futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Tue, Nov 5th, 2024.
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Wheat Futures Market News and Commentary

Wheat Mixed on Monday, as Chicago Weighs on the Market

The wheat complex posted mixed trade on Monday, with the soft wheat market the softest of the three exchanges. Chicago SRW futures were down 1/4 to 2 1/4 cents on the session, with Dec the lone exception, up ¾ cent. KC HRW contracts were up fractionally 4 ¼ cents across the board. MPLS spring wheat was up 3 ½ to 6 cents on the session.

The weekly Crop Progress report from NASS showed the US winter wheat crop at 87% planted, down from the 89% average pace. Emergence was at 66% complete, 5% back of the average. Condition ratings were up 4% in the gd/ex categories at 41%, as the Brugler500 index was up 3 points to 316.

Export Inspections data showed just 193,523 MT (7.1 mbu) of wheat shipped in the week of 10/31. That was down 34.33% from last week, but up 69.28% above the same week last year. Marketing year shipments have totaled 9.75 MMT (358.29 mbu), which is up 34.74 MMT from the same time period last year.

Widespread heavy precip totals fell over the weekend in p... Read more

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