[[ 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.

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 Rallies on Thursday

The wheat complex was in rally mode on Thursday. KC HRW futures led the wheat rally, with gains of 10 ½ to 29 ¼ cents, led by the front months. Chicago SRW futures were up 10 to 13 1/4 cents in most contracts. MPLS spring wheat was 6 to 10 ½ cents in the green in at the close.  

Weekly Export Sales from Thursday morning showed, with old crop business seen at 129,022 MT for the week of April 16, up from the previous week. Japan was the lead buyer of 59,400 MT, with 47,400 MT sold to Nigeria. New crop sales were just 8,000 MT, mostly to South Korea.

The 7-day forecast is calling for limited of up to an inch for western portions of KS with little to no precip in the TX and OK panhandles. The update to the Drought Monitor from this morning shows 70% of the US winter wheat crop in drought. That is the largest since 2023 and the most for this part of the growing season since 2022. 

Taiwan flour mills purchased a total of 105,950 MT of wheat from the US in a tender overni... 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 Apr 14, 2026

View Chart Details
Commercials - Long / Short
125,335 (+8,294)
126,217 (+7,298)
Non-Commercials - Long / Short
70,212 (-14,476)
67,104 (-14,006)
Producers - Long / Short
39,411 (+2,558)
112,363 (+2,497)
Swap Dealers - Long / Short
76,637 (+1,340)
4,567 (+405)
Managed Money - Long / Short
63,863 (-12,688)
44,408 (-13,383)
Other Reportables - Long / Short
6,349 (-1,788)
22,696 (-623)
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
Wheat Rallies on Thursday

The wheat complex was in rally mode on Thursday. KC HRW futures led the wheat rally, with gains of 10 ½ to 29 ¼ cents, led by the front months. Chicago SRW futures were up 10 to 13 1/4 cents in most...

KEN26 : 679-2s (+4.50%)
KEK26 : 666-6s (+4.55%)
MWK26 : 6.7450s (+1.39%)
ZWK26 : 610-6s (+1.92%)
ZWN26 : 620-2s (+2.18%)
Corn Bulls Come Back to Close with Gains on Thursday

Corn futures closed the Thursday session with most contracts ½ to 2 ¾ cents higher. The CmdtyView national average Cash Corn price as up 1 3/4 cents at $4.20. Export Sales data from Thursday were tallied...

ZCZ26 : 483-4s (+0.26%)
ZCN26 : 463-6s (+0.22%)
ZCK26 : 455-4s (+0.28%)
ZCPZ26US.CM : 4.4450 (+0.25%)
ZCPAUS.CM : 4.2001 (+0.42%)
Soybeans Face Modest Pressure on Thursday

Soybeans saw weakness for much of the Thursday session, with contracts down 1 to 4 ¾ cents. The cmdtyView national average Cash Bean price was down 4 cents at $10.97 1/4. Soymeal futures were mixed, with...

ZSPAUS.CM : 10.9724 (-0.37%)
ZLN26 : 71.05s (+0.07%)
ZMN26 : 316.5s (+0.06%)
ZSPX26US.CM : 10.8769 (-0.09%)
ZSX26 : 1155-0s (-0.09%)
ZSK26 : 1159-6s (-0.41%)
ZSN26 : 1174-6s (-0.40%)
Pure Hedge - Livestock and Grain

This is a Selling Opportunity

Chart of the Day - July Soybeans

Soybeans have been stuck in a relatively narrow range for the past month. Is a directional break out coming?

Shootin' the Bull about a lot to deal with

Conflicting news stories created a hefty day of volatility for producers to contend with.

Massive Test for Canola as it battles the "Mean.

We look at the Canola price, Commitment of Traders and Moving Averages

Wheat Rallying on Thursday

The wheat complex is rallying on Thursday across the three markets. Chicago SRW futures were up 5 to 8 cents in the front months. KC HRW futures are in rally mode, up 18 cents in the nearbys. MPLS spring...

KEN26 : 679-2s (+4.50%)
KEK26 : 666-6s (+4.55%)
MWK26 : 6.7450s (+1.39%)
ZWK26 : 610-6s (+1.92%)
ZWN26 : 620-2s (+2.18%)
Corn Trading Fractionally Lower on Thursday

Corn futures are trading with fractionally lower action at Thursday’s midday. The CmdtyView national average Cash Corn price is down 1/2 cent at $4.18 3/4. Export Sales data from Thursday were tallied...

ZCZ26 : 483-4s (+0.26%)
ZCN26 : 463-6s (+0.22%)
ZCK26 : 455-4s (+0.28%)
ZCPZ26US.CM : 4.4450 (+0.25%)
ZCPAUS.CM : 4.2001 (+0.42%)
Soybeans Feeling Pressure on Thursday

Soybeans are showing 1 to 5 cent losses on Thursday, led by the front months at midday. The cmdtyView national average Cash Bean price is down 5 1/4 cents at $10.96. Soymeal futures are up 90 cents to...

ZSPAUS.CM : 10.9724 (-0.37%)
ZLN26 : 71.05s (+0.07%)
ZMN26 : 316.5s (+0.06%)
ZSPX26US.CM : 10.8769 (-0.09%)
ZSX26 : 1155-0s (-0.09%)
ZSK26 : 1159-6s (-0.41%)
ZSN26 : 1174-6s (-0.40%)

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.