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 Winter Wheat May '25 (KEK25)

[[ 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 ]]

Hard Red Winter Wheat Futures Market News and Commentary

Wheat Posts Thursday Rally

The wheat complex posted gains across the three markets on Thursday. Chicago SRW futures closed 7 to 9 cents higher in the front months. KC HRW futures were 7 to 9 cents in the green on the day. MPLS spring wheat was up 4 to 6 cents at the close. 

Export Sales data from this morning showed 373,877 MT of wheat sold in the week of January 29. That was down 33.02% from the previous week and 14.81% below the same week last year. The largest buyer was the Philippines, with 89,200 MT sold to Taiwan, and 67,900 MT to Mexico. Another 41,000 MT was sold for 2026/27.

Large world supplies continue to weigh on the market. Russia’s 2025 wheat crop totaled 93 MMT according to the country’s data, including Russian held territories of Ukraine. Area for 2026 is expected to total 83 MMT.

Mar 26 CBOT Wheat  closed at $5.35 1/4, up 8 1/2 cents,

May 26 CBOT Wheat  closed at $5.44, up 7 3/4 cents,

Mar 26 KCBT Wheat  closed at $5.38 1/2, up 8 1/4 cents,

May 26 KCBT Whea... 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
04/30/25
Expiration Date
05/14/25 (expired)

Seasonal Chart

Hard Red Winter Wheat May '25
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Jan 27, 2026

View Chart Details
Commercials - Long / Short
130,817 (+1,707)
123,022 (+5,273)
Non-Commercials - Long / Short
79,923 (-2,367)
83,089 (-3,931)
Producers - Long / Short
41,896 (+680)
105,491 (+4,495)
Swap Dealers - Long / Short
75,364 (-41)
3,974 (-290)
Managed Money - Long / Short
63,868 (+518)
72,762 (-3,601)
Other Reportables - Long / Short
16,055 (-2,885)
10,327 (-330)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
498-2 +2.21%
on 05/12/25
569-2 -10.54%
on 04/17/25
-46-0 (-8.28%)
since 04/14/25
3-Month
498-2 +2.21%
on 05/12/25
642-4 -20.74%
on 02/19/25
-123-4 (-19.52%)
since 02/14/25
52-Week
498-2 +2.21%
on 05/12/25
784-0 -35.04%
on 05/28/24
-229-4 (-31.07%)
since 05/14/24

More Hard Red Winter Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Wheat Posts Thursday Rally

The wheat complex posted gains across the three markets on Thursday. Chicago SRW futures closed 7 to 9 cents higher in the front months. KC HRW futures were 7 to 9 cents in the green on the day. MPLS spring...

KEK26 : 550-4s (+1.43%)
KEH26 : 538-4s (+1.56%)
MWH26 : 5.7150s (+0.97%)
ZWH26 : 535-2s (+1.61%)
ZWK26 : 544-0s (+1.45%)
Corn Posts Thursday Gains

Corn futures closed the Thursday session with contracts 5 to 6 cents lower. The CmdtyView national average Cash Corn price was up 5 1/2 cents at $4.02 3/4. Continued strength in soybeans and meal are spilled...

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 443-0s (+1.37%)
ZCH26 : 435-0s (+1.28%)
ZCPAUS.CM : 4.0170 (+1.37%)
Soybean Rally Continues on Thursday

Soybeans closed 18 to 21 ¼ cents higher on Thursday, with new crop contracts up 7 to 11 cents. The cmdtyView national average Cash Bean price was 20 cents higher at $10.47. Soymeal futures are $5 to $7.00...

ZSPAUS.CM : 10.4695 (+1.96%)
ZLH26 : 55.65s (-0.02%)
ZMH26 : 303.2s (+2.36%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1112-2s (+1.83%)
ZSK26 : 1126-0s (+1.92%)
Walsh Cattle Opportunities - Pure Hedge Division

Low Cost Options, With Limited Risk

Shootin' the Bull about basis

Basis was destroyed at the opening this morning, pushing all futures contracts into a positive basis and widened the backend out significantly.

Corn Posting Midday Thursday Gains

Corn futures are trading with 5 to 5 ½ cents in the front months on Thursday, with new crop December up 3 cents. The CmdtyView national average Cash Corn price is up 5 cents at $4.01 1/4. Continued strength...

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 443-0s (+1.37%)
ZCH26 : 435-0s (+1.28%)
ZCPAUS.CM : 4.0170 (+1.37%)
Soybean Rally Extending to Thursday’s Midday

Soybeans are trading with 15 to 17 cent gains in the front months on Thursday, with new crop November up 8 ¼ cents. The cmdtyView national average Cash Bean price is 15 3/4 cents higher at $10.43 3/4....

ZSPAUS.CM : 10.4695 (+1.96%)
ZLH26 : 55.65s (-0.02%)
ZMH26 : 303.2s (+2.36%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1112-2s (+1.83%)
ZSK26 : 1126-0s (+1.92%)
Wheat Bulls Catching Up on The Grain Rally

The wheat complex is trading with gains across the three markets on Thursday. Chicago SRW futures are 8 to 9 cents higher in the front months. KC HRW futures are 7 to 8 cents in the green at midday. MPLS...

KEK26 : 550-4s (+1.43%)
KEH26 : 538-4s (+1.56%)
MWH26 : 5.7150s (+0.97%)
ZWH26 : 535-2s (+1.61%)
ZWK26 : 544-0s (+1.45%)
How Much Higher Can Soybean Prices Go After Positive Trump-Xi Talks?

May soybean futures present a buying opportunity on more price strength.

ZSK26 : 1126-0s (+1.92%)
Will Outside Market Flows Trickle into Livestock Markets?

There’s been a broader unwind across multiple asset classes over the last week. Ag markets have mostly shrugged it off. Will the eventually take notice?

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 509-2
2nd Resistance Point 509-2
1st Resistance Point 509-2
Last Price 509-2s
1st Support Level 509-2
2nd Support Level 509-2
3rd Support Level 509-2

See More

52-Week High 784-0
Fibonacci 61.8% 674-7
Fibonacci 50% 641-1
Fibonacci 38.2% 607-3
Last Price 509-2s
52-Week Low 498-2

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.
Free Barchart Webinar