Wheat Fades Back on Wednesday

The wheat complex saw contracts fade lower on Wednesday. Chicago SRW contracts were steady to a penny lower at the close. KC HRW futures saw nearby July down a penny, with other contracts fractionally to 2 ¾ cents in the green. MPLS spring wheat was mixed, with contracts down 3 3/4 to 4 cents higher. 

Rainfall from Montana to Minnesota expected over the next week, as well as much of Canada, is weighing on the spring wheat market.

Don’t Miss a Day:
From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.

Export Sales data will be released on Thursday with analysts looking for 2026/27 sales in the week of 6/18 at 250,000 to 600,000 MT. 

Jul 26 CBOT Wheat  closed at $5.85 3/4, down 1 cent,

Sep 26 CBOT Wheat  closed at $5.96, down 1 cent,

Jul 26 KCBT Wheat  closed at $6.17 1/4, down 1 cents,

Sep 26 KCBT Wheat  closed at $6.25 1/2, up 1/4 cent,

Jul 26 MIAX Wheat  closed at $5.84 1/4, down 3 3/4 cents,

Sep 26 MIAX Wheat  closed at $6.17 3/4, down 3/4 cent,

On the date of publication,

here.

More news from Barchart

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.