Hard Red Wheat Dec '22 (KEZ22)
Hard Red Wheat Futures Market News and Commentary
The wheat complex is trading with most contracts higher on Wednesday. Chicago SRW contracts are 7 to 8 cents. KC HRW futures are showing 5 to 6 ½ cent gains so far on Wednesday. MPLS spring wheat is mixed, with contracts down 3 to 2 ½ cents higher.Â
Rainfall from Montana to Minnesota expected over the next week, as well as much of Canada, is weighing on the spring wheat market.
Export Sales data will be released on Thursday with analysts looking for 2026/27 sales in the week of 6/18 at 350,000 to 600,000 MT.Â
Jul 26 CBOT Wheat  is at $5.94 3/4, up 8 cents,
Sep 26 CBOT Wheat  is at $6.04 1/2, up 7 1/2 cents,
Jul 26 KCBT Wheat  is at $6.23 1/4, up 5 cents,
Sep 26 KCBT Wheat  is at $6.31 1/2, up 6 1/4 cents,
Jul 26 MIAX Wheat  is at $5.85, down 3 cents,
Sep 26 MIAX Wheat  is at $6.17 3/4, up 1/4 cent,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of th... Read more
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