Wheat Jul '26 (ZWN26)
Wheat Futures Market News and Commentary
The wheat complex posted losses across the three markets on Wednesday. Chicago SRW futures were down 6 ¾ to 11 ¼ cents across the board on the midweek session. KC HRW futures pulled off the early lows with contracts closing 1 to 3 cents on the day. MPLS spring wheat saw losses of 3 to 5 ¼ cents on Wednesday.
Crude oil was down $6.06 on the day following the US and Iran closing in on reaching a memorandum of understanding that would, among other things, allow for the safe passage through the Strait of Hormuz as well as a path to ending to conflict.
USDA’s Export Sales report will be released on Thursday morning, with traders looking for old crop wheat sales to total 100,000 to 300,000 MT in the week of 4/30. New crop sales are expected to be in a range of 0-250,000 MT.
Algeria purchased an estimated 390,000 to 420,000 MT of wheat in a tender on Wednesday.
Stats Canada data showed wheat stocks at the end of March at 19.47 MMT, 12% higher than the same period la... Read more
Barchart · Wed May 6, 5:07PM CDT
Soybeans closed the Wednesday session with contracts falling 10 to 16 ¾ cents. The cmdtyView national average Cash Bean price was down 16 1/2 cents at...
Barchart · Wed May 6, 5:07PM CDT
Corn futures posted losses of 10 ½ to 12 ¾ cents in most contracts on Wednesday, with a few deferred contracts down 4 to 7 cents. The CmdtyView national...
Barchart · Wed May 6, 5:07PM CDT
The wheat complex posted losses across the three markets on Wednesday. Chicago SRW futures were down 6 ¾ to 11 ¼ cents across the board on the midweek...
MoneyShow · Wed May 6, 4:20PM CDT
Everyone’s focused on fuel costs. But you might want to pay closer attention to FOOD. The price of agricultural commodities is perking up – and the...
Swift Trading Company · Wed May 6, 3:35PM CDT
There appears very little left to the supply side story of cattle.
Barchart · 14 minutes ago
June S&P 500 E-Mini futures (ESM26) are up +0.03%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.01% this morning as investors await the outcome...
Barchart · 40 minutes ago
PPL Corporation has lagged behind the broader market over the past year, yet analysts remain highly optimistic about the stock’s prospects.
Barchart · 51 minutes ago
Despite lagging the broader S&P 500 over the past year, MGM Resorts continues to earn a moderately bullish outlook from Wall Street analysts.
Barchart · 56 minutes ago
Despite underperforming the broader market over the past year, NRG Energy remains a Wall Street favorite, with analysts maintaining a highly bullish outlook...
Barchart · 1 hour ago
Although Duke Energy has lagged the broader market over the past year, Wall Street analysts remain moderately upbeat about the stock’s long-term outlook....
Barchart · 1 hour ago
Despite lagging the broader market over the past year, T-Mobile continues to enjoy strong confidence from Wall Street analysts, who remain highly bullish...
Barchart · 1 hour ago
Sandisk has dramatically outpaced the broader market over the past year, with Wall Street analysts remaining highly bullish on the company’s growth trajectory...
Barchart · 1 hour ago
Applied Materials has rallied the broader market over the past year, and analysts remain highly bullish about the stock’s prospects.
