Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Stocks | Futures | Watchlist | News | More
or
Faster, Cleaner, Better.

Hard Red Wheat Jul '24 (KEN24)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CBOT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]] ([[ financialData.relativeStrengthDirection14d ]]) ([[ financialData.highPercent1y ]]) ([[ financialData.lowPercent1y ]])

Hard Red Wheat Futures Market News and Commentary

Wheat Closes with Report Day Gains as Acres Seen Lower than Expected

The wheat complex got a positive reaction to the USDA report on Tuesday, rallying across the three markets. Chicago SRW futures were 4 to 9 1/4 cents higher. KC HRW futures saw 3 to 9 1/4 cent gains though contracts were well off the middy highs. MPLS spring wheat was 6 ¼ to 8 cents in the green on the Tuesday session.

March Intentions from this morning showed all wheat acres at 43.775 million acres, 0.905 million acres below trade estimates and 1.553 million below last year. Winter wheat acres were 32.41 million acres, 580,000 below the Winter Wheat Seedings report and down 743,000 from last year. Spring wheat was 428,000 acres shy of estimates and down 485,000 from a year ago at 9.415 million acres. Durum was at 1.95 million acres.  

Grain Stocks data was tallied at 1.3 bbu for wheat as of March 1. That was a 63 mbu increase from a year ago but 10 mbu shy of the average trade estimate from Reuters. which would be 73 mbu above a year ago.

May 26 CBOT Wheat  closed... Read more

Contract Specifications

See More
Contract
Hard Red Winter 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. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST
Exchange
CBOT
Point Value
$50
Margin/Maintenance
$1,760/1,600
First Notice Date
06/28/24
Expiration Date
07/12/24 (expired)

Seasonal Chart

Hard Red Wheat Jul '24
Average Price Chart for 5 Prior Jul Contracts

Commitment of Traders Positions as of Mar 24, 2026

View Chart Details
Commercials - Long / Short
122,012 (+2,607)
122,758 (-491)
Non-Commercials - Long / Short
78,640 (-3,559)
75,482 (+862)
Producers - Long / Short
36,187 (+5,049)
108,971 (-1,553)
Swap Dealers - Long / Short
76,095 (-3,288)
4,057 (+216)
Managed Money - Long / Short
71,212 (-2,212)
61,694 (-408)
Other Reportables - Long / Short
7,428 (-1,347)
13,788 (+1,270)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
566-4 +6.62%
on 07/10/24
641-4 -5.85%
on 06/13/24
-33-2 (-5.22%)
since 06/12/24
3-Month
566-4 +6.62%
on 07/10/24
746-2 -19.06%
on 05/28/24
+17-0 (+2.90%)
since 04/12/24
52-Week
543-2 +11.18%
on 03/06/24
873-0 -30.81%
on 07/25/23
-163-6 (-21.33%)
since 07/12/23

More Hard Red Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
All wheat planted acreage estimate lowest since 1919

I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The United States Department of Agriculture (USDA) Prospective Plantings report...

Soybeans Rally on Tuesday with Lower Acres Expected

Soybeans posted 5 to 13 ½ cent gains across most contracts on Tuesday, led by the new crop months. The cmdtyView national average Cash Bean price was up 8 ¼ cents at $10.95. Soymeal futures were up $1.10...

ZSPAUS.CM : 10.9508 (+0.76%)
ZLK26 : 68.54 (-0.49%)
ZMK26 : 317.1 (+0.22%)
ZSPX26US.CM : 10.8836 (+1.10%)
ZSX26 : 1156-2 (-0.11%)
ZSK26 : 1170-0 (-0.09%)
ZSN26 : 1185-2 (-0.06%)
Corn Holds Higher on Tuesday

Corn futures closed the Tuesday session with contracts steady to 2 ¼ cents higher following some friendlier old crop numbers from USDA. The new crop data was a little less bull friendly. The CmdtyView...

ZCZ26 : 484-0 (-0.05%)
ZCN26 : 468-2 (unch)
ZCK26 : 457-2 (-0.11%)
ZCPZ26US.CM : 4.4238 (-0.43%)
ZCPAUS.CM : 4.1410 (unch)
Wheat Closes with Report Day Gains as Acres Seen Lower than Expected

The wheat complex got a positive reaction to the USDA report on Tuesday, rallying across the three markets. Chicago SRW futures were 4 to 9 1/4 cents higher. KC HRW futures saw 3 to 9 1/4 cent gains though...

KEN26 : 648-2 (-0.08%)
KEK26 : 634-6 (-0.12%)
MWK26 : 6.5875 (+0.04%)
ZWK26 : 615-0 (-0.20%)
ZWN26 : 625-6 (-0.12%)
Pure Hedge - Livestock and Grain

Having Any Fun Yet? Fats and Feeders Eyeing Contract Highs - Grains Look Overbought

Corn & Soybeans Rally on USDA Report — Bulls Need This Key Level Next! 🌽📊

Grain markets finished the month strong after the USDA’s Quarterly Stocks and Planting Intentions Report pushed prices higher. Oliver Sloup breaks down the big moves in May and December corn, the crucial...

Shootin' the Bull about spittin' distances

The end of the first quarter saw most contract months within spitting distance of contract high.

Chart of the Day - May Wheat

With the Quarterly Grain Stocks and Planting Intentions now behind us, weather becomes the focus.

Soybeans Rallying as Acres Seen Lower than Expected

Soybeans are getting a double digit bounce on Tuesday’s midday, with futures up 10 to 14 cents in the 2026 contracts. The cmdtyView national average Cash Bean price is up 8 ¼ cents at $10.95. Soymeal...

ZSPAUS.CM : 10.9508 (+0.76%)
ZLK26 : 68.54 (-0.49%)
ZMK26 : 317.1 (+0.22%)
ZSPX26US.CM : 10.8836 (+1.10%)
ZSX26 : 1156-2 (-0.11%)
ZSK26 : 1170-0 (-0.09%)
ZSN26 : 1185-2 (-0.06%)
Corn Bouncing Following Positive Stocks Data

Corn futures are showing 1 to 3 ¼ cent gains across the front months on Tuesday following some friendlier old crop numbers from USDA. The CmdtyView national average Cash Corn price is up 1 1/2 cents to...

ZCZ26 : 484-0 (-0.05%)
ZCN26 : 468-2 (unch)
ZCK26 : 457-2 (-0.11%)
ZCPZ26US.CM : 4.4238 (-0.43%)
ZCPAUS.CM : 4.1410 (unch)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 612-0
2nd Resistance Point 608-0
1st Resistance Point 606-0
Last Price 604-0s
1st Support Level 600-0
2nd Support Level 596-0
3rd Support Level 594-0

See More

52-Week High 873-0
Fibonacci 61.8% 747-0
Fibonacci 50% 708-1
Fibonacci 38.2% 669-2
Last Price 604-0s
52-Week Low 543-2

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.