Hard Red Winter Wheat May '26 (KEK26)
Hard Red Winter Wheat Futures Market News and Commentary
The wheat complex posted strength across the three exchanges on Tuesday. Chicago SRW futures were 7 1/2 to 10 cents higher on the day. KC HRW futures led the way with gains of 18 1/2 to 20 1/4 cents on the day. MPLS spring wheat was up 11 to 113 1/2 cents on the day.Â
Crop Progress data showed winter wheat at 11% headed as of Sunday, compared to the 5-year average of 7%. Condition ratings were down 1 point to 34% good/excellent, with the Brugler500 index slipping 3 points to 295. Kansas ratings were down 20 points on the Brugler500, with NE ratings down 18 points and TX losing 7 points.
Spring wheat was listed at 6% planted, now lagging the 7% average pace.
The next 7 days are expected to remain dry from the western part of KS, to the panhandle of TX according to the NOAA 7-day QPF. SRW area is still expected to see 1 to 3 inches.Â
May 26 CBOT Wheat  closed at $5.92, up 9 3/4 cents,
Jul 26 CBOT Wheat  closed at $6.01 1/4, up 10 cents,
May 26 KCBT... Read more
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