or

Spring Wheat May '25 (MWK25)

589-0 +0-4 (+0.08%) 22:24 CT [MIAX]
588-4 x 14 589-0 x 2
underlying price ()
Quote Overview for Wed, Mar 26th, 2025
Watch
    Add or delete the symbol from one or more Watchlists.
Day Low
589-0
Day High
592-0
Open 590-0
Previous Close 588-4 588-4
Volume 217 217
Open Interest 0 0
Stochastic %K 15.49% 15.49%
Weighted Alpha -16.25 -16.25
5-Day Change -22-6 (-3.72%) -22-6 (-3.72%)
52-Week Range 576-4 - 802-4 576-4 - 802-4
  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
  • MAX
Full Chart
  • OHLC Bars
  • Colored OHLC Bars
  • HLC Bars
  • Candlestick Hollow
  • Candlestick Open-to-Close
  • Candlestick Close-to-Close
  • Heikin-Ashi
  • Line Chart
  • Area Chart
  • Renko
  • Column
  • Baseline
  • Line Break
  • Range
  • Kagi
  • Point And Figure

Spring Wheat Futures Market News and Commentary

Wheat Extends Weakness on Black Sea Pressure

The wheat complex was under pressure on Tuesday. Chicago SRW futures were down 5 to 6 cents in the front months. Kansas City HRW contracts closed 8 to 9 cents in the red on the day. MPLS spring wheat was 3 to 5 cents lower at the close. 

In fresh rounds of negotiations trying to reach a ceasefire, Russia and Ukraine have both agreed to ensure safe navigation in the Black Sea, similar to the previous Black Sea Grain Initiative, and to ban attacks on energy facilities. 

SovEcon trimmed their 2024/25 Russian wheat export projection by 1.5 MMT to 40.7 MMT. They also increased their 2025/26 export forecast by 0.2 to 39.1 MMT. EU soft wheat export since July 1 have totaled 15.46 MMT, vs. the 23.75 MMT in the same period last year according to European Commission data.

Japan is tendering for 119,847 MT of wheat in their weekly ministry of ag tender, due on Thursday and 59,751 MT US specific.

May 25 CBOT Wheat  closed at $5.43 1/4, down 5 cents,

Jul 25 CBOT Whe... Read more

Contract Specifications

See More
Contract
Hard Red Spring Wheat
Contract Size
5,000 bushels
Tick Size
1/4 cent per bushel ($12.50 per contract)
Trading Hours
7:00p.m. - 7:45a.m. and 8:30a.m. - 1:30p.m. (Sun-Fri) (Settles 1:30p.m.) CST
Exchange
MIAX
Point Value
$50
Margin/Maintenance
$1,870/1,700
First Notice Date
04/30/25 (36 days)
Expiration Date
05/14/25 (50 days)

Seasonal Chart

Spring Wheat May '25
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Mar 18, 2025

View Chart Details
Commercials - Long / Short
44,672 (-1,581)
27,690 (+3,306)
Non-Commercials - Long / Short
20,800 (+4,782)
38,572 (-565)
Producers - Long / Short
40,448 (-1,128)
27,645 (+3,509)
Swap Dealers - Long / Short
4,179 (-415)
0 (-165)
Managed Money - Long / Short
14,578 (+4,302)
37,144 (+1,226)
Other Reportables - Long / Short
6,222 (+480)
1,428 (-1,791)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
576-4 +2.17%
on 03/04/25
Period Open: 617-6
623-4 -5.53%
on 03/18/25
-28-6 (-4.65%)
since 02/26/25
3-Month
576-4 +2.17%
on 03/04/25
Period Open: 602-2
659-4 -10.69%
on 02/19/25
-13-2 (-2.20%)
since 12/26/24
52-Week
576-4 +2.17%
on 03/04/25
Period Open: 697-6
802-4 -26.60%
on 05/28/24
-108-6 (-15.59%)
since 03/26/24

More Spring Wheat Quotes

All Futures Prices
Please wait...
Please wait...
false

Most Recent Stories

More News
Wheat Extends Weakness on Black Sea Pressure

The wheat complex was under pressure on Tuesday. Chicago SRW futures were down 5 to 6 cents in the front months. Kansas City HRW contracts closed 8 to 9 cents in the red on the day. MPLS spring wheat was...

KEN25 : 583-6 (-0.17%)
MWK25 : 589-0 (+0.08%)
KEK25 : 568-2 (-0.18%)
ZWK25 : 542-0 (-0.23%)
ZWN25 : 558-2 (-0.27%)
Corn Closes Lower on Tuesday

Corn futures ended the Tuesday session with contracts down 2 to 7 cents across the nearbys, as pressure came from wheat and some calming Black Sea tensions. The CmdtyView national average Cash Corn price...

ZCZ25 : 448-4 (-0.11%)
ZCPAUS.CM : 4.2280 (-1.50%)
ZCPZ25US.CM : 4.1432 (-0.54%)
ZCK25 : 457-2 (-0.11%)
ZCN25 : 464-6 (-0.11%)
Soybeans Slip on Tuesday

Soybean futures were mixed at the close, with front months down 4 to 6 cents and some new crop contracts firm. CmdtyView’s national front month Cash Bean price was down 5 1/4 cents at $9.41. Soymeal...

ZSPX25US.CM : 9.4384 (unch)
ZLK25 : 42.28 (-0.05%)
ZMK25 : 294.0 (-0.37%)
ZSPAUS.CM : 9.4189 (-0.56%)
ZSK25 : 999-4 (-0.22%)
ZSX25 : 1005-0 (-0.15%)
ZSN25 : 1013-4 (-0.20%)
Shootin' the Bull about not much

I can't find much information today that hasn't already been beat to death.

Corn Posting Tuesday Weakness

Corn futures are trading with Tuesday losses of 3 to 7 cents across the front months at the midday part of the session. The CmdtyView national average Cash Corn price is down 6 1/4 cents at $4.23. A Bloomberg...

ZCZ25 : 448-4 (-0.11%)
ZCPAUS.CM : 4.2280 (-1.50%)
ZCPZ25US.CM : 4.1432 (-0.54%)
ZCK25 : 457-2 (-0.11%)
ZCN25 : 464-6 (-0.11%)
Wheat Facing Weakness on Black Sea Pressure

The wheat complex is falling lower at Tuesday’s midday, with contracts down double digits in some cases. Chicago SRW futures are down 6 to 7 cents in the front months. Kansas City HRW contracts are 9...

KEN25 : 583-6 (-0.17%)
MWK25 : 589-0 (+0.08%)
KEK25 : 568-2 (-0.18%)
ZWK25 : 542-0 (-0.23%)
ZWN25 : 558-2 (-0.27%)
Soybeans Pressured Lower on Tuesday

The soybean market is posting 2 to 7 cent losses at Tuesday’ midday. CmdtyView’s national front month Cash Bean price is down 7 cent at $9.4 1/4. Soymeal futures are down $2.70/ton in the front months,...

ZSPX25US.CM : 9.4384 (unch)
ZLK25 : 42.28 (-0.05%)
ZMK25 : 294.0 (-0.37%)
ZSPAUS.CM : 9.4189 (-0.56%)
ZSK25 : 999-4 (-0.22%)
ZSX25 : 1005-0 (-0.15%)
ZSN25 : 1013-4 (-0.20%)
European Commodities: Tariffs Move Grain Markets, While Sugar Futures Slump

China's tariffs on Canadian rapeseed imports sent the contract soaring, as hopes for a Russia-Ukraine ceasefire propped up Dutch gas.

SWK25 : 544.70s (+0.42%)
P7Y00 : 15,930.57s (+0.61%)
XRK25 : 506.00s (+1.30%)
TGJ25 : 41.555s (-2.79%)
Wheat Extending Losses into Tuesday AM Trade

Wheat futures are in the red to start Tuesday trade, with contracts down 2 to 5 cents. The wheat market posted losses across the three markets on Monday. Chicago SRW futures were down 8 to 10 cents in...

KEN25 : 583-6 (-0.17%)
MWK25 : 589-0 (+0.08%)
KEK25 : 568-2 (-0.18%)
ZWK25 : 542-0 (-0.23%)
ZWN25 : 558-2 (-0.27%)
Soybeans Kicking Off Tuesday with Weakness

The soybean market is trading 3 to 6 cents lower on Tuesday morning. Soybeans settled the Monday session with contracts slipping 1 to 3 cents. Preliminary open interest was up just 1,668 contracts on Monday....

ZSPX25US.CM : 9.4384 (unch)
ZLK25 : 42.28 (-0.05%)
ZMK25 : 294.0 (-0.37%)
ZSPAUS.CM : 9.4189 (-0.56%)
ZSK25 : 999-4 (-0.22%)
ZSX25 : 1005-0 (-0.15%)
ZSN25 : 1013-4 (-0.20%)
Hogs Falter – Give Back Friday’s gains

Cash Markets work lower pressuring futures

Shootin' the Bull about buying and selling at the known top

Brand new bets at the top of the market were noted with Friday's large increase in open interest.  New longs entered into a position of taking delivery at the highest price futures contracts have ever...

Pure Hedge - Livestock and Grain

Cattle lower again - Time to Buy the Grains - With Updated Corn Call Spreads

Grain and Livestock Futures Stay Choppy to Start the Week

Grain and livestock markets were mixed to start the week as traders' position into the last full week of trade.

Hog Futures Market Is Buffeted by U.S. Pork Export Concerns. Can Bullish Domestic Fundamentals Save the Day?

U.S.-China trade tensions are weighing on the lean hog futures market.

GFK25 : 284.125s (-0.25%)
HEJ25 : 86.650s (+1.11%)
HEY00 : 88.794s (-0.09%)
LEJ25 : 206.375s (+0.23%)
ZSK25 : 999-6 (-0.20%)
Hogs Facing Weakness at Midday

Lean hog futures are falling back on Monday, with contracts 50 cent to $1.40 in the red at midday. The USDA national average base hog negotiated price was reported at $88.03 on Monday morning, down 23...

HEJ25 : 86.650s (+1.11%)
HEK25 : 89.050s (+0.56%)
HEM25 : 96.250s (+0.47%)
Cattle Holding Steady at Midday

Live cattle futures started out Monday with strength, but are back to steady at midday, with April down 35 cents and other contracts higher. Cash trade was on the move late last week, up $7-8 to $210 in...

LEQ25 : 198.875s (-0.09%)
LEJ25 : 206.375s (+0.23%)
LEM25 : 202.325s (+0.09%)
GFH25 : 286.975s (+0.13%)
GFJ25 : 284.850s (-0.14%)
GFK25 : 284.125s (-0.25%)
If June Live Cattle Futures Cross Below $200, Watch These Levels Next

June live cattle futures hit a new contract high on March 21 but closed near the daily low.

LEM25 : 202.325s (+0.09%)
A Wild Ride in Cattle Futures on Friday

Volatility ramped up to round out the week in cattle markets. What’s in store for this week’s trade?

Walsh Gamma Trader

Low-Cost Options, With Limited Risk

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 601-6
2nd Resistance Point 598-4
1st Resistance Point 593-4
Last Price 589-0
1st Support Level 585-2
2nd Support Level 582-0
3rd Support Level 577-0

See More

52-Week High 802-4
Fibonacci 61.8% 716-1
Fibonacci 50% 689-4
Fibonacci 38.2% 662-7
Last Price 589-0
52-Week Low 576-4

See More

Solutions for Grain Market Professionals barchart.com/cmdty
Commodity Price Reports
Get Free Access!
cmdtyView for Ag marketers and merchandisers
Start Free Trial
We help Agribusinesses make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.
Use your up/down arrows to move through the symbols.
Free Barchart Webinar
Precision Trading with Bollinger Bands: Identifying Breakouts & Reversals