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 | More
or

Hard Red Wheat Mar '21 (KEH21)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [KCBT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
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 ]]

Hard Red Wheat Futures Market News and Commentary

Wheat Closes Higher ahead of Three Day Weekend

After midday losses, front month Chicago wheat closed the last trade day of the week 2 3/4 to 5 1/2 cents stronger. KC futures maintained the high ground closing up by at least 4 1/4 cents. MGE wheat closed the session 2 3/4 to 4 cents in the black. The weekly Commitment of Traders report showed an 8,223 contract reduction to managed money’s SRW net long. Spec trader OI increased by 343 contracts on the week, leaving the group 16,987 contracts long on net as of 1/12. In KC wheat, spec traders were just 605 contracts more net long to 55,062. CoT report data had managed money funds net long 11,797 contracts in HRS wheat. That was 4,049 contracts more net long for the largest net shift wk/wk in 12 weeks (when the group flipped from net short to net long). IGC sees 1 MMT less of world wheat production, forecasting 768 MMT. Wheat stocks were reduced 1 million as well, to 294 MMT. Russia announced discussions to extend the export tax through the next crop cycle, that follows a recent deci... Read more

Contract Specifications

See More
Contract
KC 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
KCBT
Point Value
$50
Margin/Maintenance
$1,925/1,750
First Notice Date
02/26/21 (40 days)
Expiration Date
03/12/21 (54 days)

Seasonal Chart

Hard Red Wheat Mar '21
Average Price Chart for 5 Prior Mar Contracts

Commitment of Traders Positions as of Jan 12, 2021

View Chart Details
Commercials - Long / Short
84,050 (-2,232)
143,872 (-784)
Non-Commercials - Long / Short
80,844 (-161)
23,246 (+325)
Producers - Long / Short
27,691 (-1,143)
130,218 (+83)
Swap Dealers - Long / Short
50,496 (-72)
7,791 (+150)
Managed Money - Long / Short
67,648 (+1,425)
12,586 (-194)
Other Reportables - Long / Short
13,196 (-1,586)
10,660 (+519)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
556-0 +15.65%
on 12/16/20
660-0 -2.58%
on 01/15/21
+77-0 (+13.60%)
since 12/15/20
3-Month
530-6 +21.15%
on 12/07/20
660-0 -2.58%
on 01/15/21
+76-6 (+13.55%)
since 10/15/20
52-Week
432-6 +48.58%
on 08/07/20
660-0 -2.58%
on 01/15/21
+101-4 (+18.74%)
since 01/15/20

More Hard Red Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Soybean Weekly Forecast

The uptrend may be expected to continue, while market is trading above support level 1380, which will be followed by reaching resistance level 1460 and 1515

Corn Weekly Forecast

An uptrend will start as soon, as the market rises above resistance level 550, which will be followed by moving up to resistance level 581

Wheat Weekly Forecast

The downtrend may be expected to continue, while market is trading below resistance level 690, which will be followed by reaching support level 631 and if it keeps on moving down below that level, we may...

Live Cattle Feb 2021 (REVISED)

Sell Signal! Feb Live Cattle

Sidwell Strategies Week-in-Review: USDA reports further ignite grain rally

USDA reports further ignite grain rally

Additional Prognostication (January 15, 2021)

...from Degreed Meteorologist "Dr. Weather" (AKA Jim Roemer)

Wheat Closes Higher ahead of Three Day Weekend

After midday losses, front month Chicago wheat closed the last trade day of the week 2 3/4 to 5 1/2 cents stronger. KC futures maintained the high ground closing up by at least 4 1/4 cents. MGE wheat closed...

Corn Closes Mixed on Friday

Nearby corn prices settled 2 3/4 to 3 cents lower on Friday. New crop futures closed the session 1 1/2 to 2 3/4 cents. The markets will be closed on Monday in observance of MLK Day. USDA announced a private...

Beans Down Double Digits

Soybean futures closed the Friday session with 12 1/4 to 13 3/4 cent losses. New crop contracts closed UNCH to 1 1/4 cents higher. Soymeal turned in the afternoon and closed the Friday session with $1.20...

Corn Prices Retreating

Corn futures are down a penny to 1 3/4 cents in the front months. New crop futures are fractionally mixed so far. USDA announced a private corn sale for 110,000 MT of old crop corn to Mexico. USDA reported...

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 681-3
2nd Resistance Point 670-5
1st Resistance Point 656-7
Last Price 643-0s
1st Support Level 632-3
2nd Support Level 621-5
3rd Support Level 607-7

See More

52-Week High 660-0
Last Price 643-0s
Fibonacci 61.8% 573-2
Fibonacci 50% 546-3
Fibonacci 38.2% 519-4
52-Week Low 432-6

See More

cmdty by barchart
Solution for Grain Market Professional 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

Barchart Futures Commentary

Barchart Futures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar