[[ type === 'moc' ? 'MARKET ON CLOSE' : 'FREE WEBINAR' ]]
[[ timeLabel ]] WATCH LIVE:
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.

Wheat Sep '24 (ZWU24)

[[ 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 ]])

Wheat Futures Market News and Commentary

Wheat Closes with Mixed Trade on Friday

The wheat complex saw continued weakness on Friday, though a few contracts did end higher. Chicago SRW futures were 1 ¾ to 6 cents in the red on the day, as July fell 30 ½ cents on the week. KC HRW futures saw a ½ cent gain in July on Friday, as the rest of the board was ½ to 6 cents lower, with July down 29 cents this week. MPLS spring wheat was down 1 ½ to 3 cents higher in most contracts, as July fell 44 ¼ cents since last Friday. Crude oil losses of $2.79 added some modest pressure.

Weekly Commitment of Traders data from CFTC showed managed money in Chicago wheat futures and options with the largest Tuesday/Tuesday bear move on record (back to 2006), adding 39,165 contracts to their net short at 57,871 contracts by June 2. In Kansas City wheat futures and options, specs trimmed their net long position by 13,393 contracts to 13,477 contracts as of Tuesday.

USDA Export Sales data has the new crop wheat sales commitments at 3.925 MMT, which is now down 26.44% from the s... Read more

Contract Specifications

See More
Contract
Chicago Soft 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
$2,145/1,950
First Notice Date
08/30/24
Expiration Date
09/13/24 (expired)

Seasonal Chart

Wheat Sep '24
Average Price Chart for 5 Prior Sep Contracts

Commitment of Traders Positions as of Jun 2, 2026

View Chart Details
Commercials - Long / Short
174,825 (+12,468)
136,386 (-18,441)
Non-Commercials - Long / Short
124,550 (-19,636)
165,312 (+11,668)
Producers - Long / Short
63,447 (+13,907)
107,380 (-17,842)
Swap Dealers - Long / Short
102,025 (-1,782)
19,653 (-942)
Managed Money - Long / Short
80,071 (-25,555)
134,711 (+12,931)
Other Reportables - Long / Short
44,479 (+5,919)
30,601 (-1,263)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
493-4 +15.75%
on 08/27/24
571-2 unch
on 09/13/24
+42-4 (+8.04%)
since 08/13/24
3-Month
493-4 +15.75%
on 08/27/24
638-6 -10.57%
on 06/14/24
-66-4 (-10.43%)
since 06/13/24
52-Week
493-4 +15.75%
on 08/27/24
739-2 -22.73%
on 05/28/24
-87-6 (-13.32%)
since 09/13/23

More Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
How to Read Forward Curves—and Why They Matter for Spread Traders

Most traders focus on price charts. Spread traders should focus on forward curves. The shape of the forward curve reveals how the market values time, provides clues about carry, risk, and opportunity,...

Cattle Markets Surge and Then Crash

Screwworm fears topple rally

Corn Liquidation Continues into Friday’s Close

Corn futures saw continued long liquidation heading onto the weekend, with contacts down another 2 ¼ to 7 cents. July was down 29 ½ cents (-45 cents in 2 weeks), with December falling 29 cents. A wetter...

ZCZ26 : 446-0s (-1.27%)
ZCU26 : 427-0s (-1.33%)
ZCN26 : 417-4s (-1.65%)
ZCPZ26US.CM : 4.1015 (-1.39%)
ZCPAUS.CM : 3.8328 (-1.73%)
Wheat Closes with Mixed Trade on Friday

The wheat complex saw continued weakness on Friday, though a few contracts did end higher. Chicago SRW futures were 1 ¾ to 6 cents in the red on the day, as July fell 30 ½ cents on the week. KC HRW futures...

KEU26 : 631-4s (-0.08%)
KEN26 : 620-6s (+0.08%)
MWN26 : 6.1950s (-0.24%)
ZWN26 : 580-0s (-0.30%)
ZWU26 : 592-6s (-0.42%)
Soybeans Falls Lower on Friday, Amid Product Pressure

Soybeans faced more weakness to close out the week, as contracts were down 2 to 8 cents on Friday. The weekly move for July was down 65 1/4 cents, with November down 52 ½ cents. The cmdtyView national...

ZSPAUS.CM : 10.6314 (-0.64%)
ZLN26 : 74.12s (-2.84%)
ZMN26 : 308.5s (-1.66%)
ZSPX26US.CM : 10.7052 (-0.39%)
ZSX26 : 1137-4s (-0.35%)
ZSN26 : 1121-4s (-0.71%)
ZSQ26 : 1126-0s (-0.57%)
Shootin' the Bull about an easy comment

I have no idea what the next most probable move will be in price for fats or feeders in the futures market.

Corn Can't Find the Brakes as Cattle Charge Higher

It was a rough week for row crops and a strong one for cattle. Corn plunged to fresh contract lows with little to slow the slide, soybeans broke key support and opened the door to deeper losses, and wheat...

The DeCarley Perspective...Wars aren’t good for ag markets, and screw worms are living up to their name.

Wars aren’t good for ag markets, and screw worms are living up to their name.

Corn Bears Piling on at Midday

Corn futures are trading with losses of 5 to 7 cents across most contracts on Friday. The CmdtyView national average Cash Corn price is 6 1/2 cents at $3.84 1/2. Crude oil losses of $3.01 continue to add...

ZCZ26 : 446-0s (-1.27%)
ZCU26 : 427-0s (-1.33%)
ZCN26 : 417-4s (-1.65%)
ZCPZ26US.CM : 4.1015 (-1.39%)
ZCPAUS.CM : 3.8328 (-1.73%)
Soybeans Posting Weakness on Friday

Soybeans are showing losses of 7 to 10 cents in most contracts on Friday. The cmdtyView national average Cash Bean price is down 9 1/2 cents at $10.60 1/2. Soymeal futures are down $3.50 to $4.60 in the...

ZSPAUS.CM : 10.6314 (-0.64%)
ZLN26 : 74.12s (-2.84%)
ZMN26 : 308.5s (-1.66%)
ZSPX26US.CM : 10.7052 (-0.39%)
ZSX26 : 1137-4s (-0.35%)
ZSN26 : 1121-4s (-0.71%)
ZSQ26 : 1126-0s (-0.57%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 571-2
2nd Resistance Point 571-2
1st Resistance Point 571-2
Last Price 571-2s
1st Support Level 571-2
2nd Support Level 571-2
3rd Support Level 571-2

See More

52-Week High 739-2
Fibonacci 61.8% 645-3
Fibonacci 50% 616-3
Fibonacci 38.2% 587-3
Last Price 571-2s
52-Week Low 493-4

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.