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Milling Wheat Mar '26 (MLH26)

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Contract Specifications

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Contract
Milling Wheat
Contract Size
50 metric tonnes
Tick Size
EUR 25 cents per metric tonne (EUR 12.50 per contract)
Trading Hours
10.45a.m. - 6:30p.m. (Paris)
Exchange
Euronext
Point Value
EUR 50
Margin/Maintenance
0/0
First Notice Date
03/11/26 (39 days)
Expiration Date
03/10/26 (38 days)

Seasonal Chart

Milling Wheat Mar '26
Average Price Chart for 5 Prior Mar Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
187.00 +3.88%
on 01/27/26
194.50 -0.13%
on 01/30/26
+4.50 (+2.37%)
since 12/30/25
3-Month
185.00 +5.00%
on 12/17/25
200.25 -3.00%
on 11/05/25
-1.00 (-0.51%)
since 10/30/25
52-Week
185.00 +5.00%
on 12/17/25
249.00 -21.99%
on 02/18/25
-44.50 (-18.64%)
since 01/30/25

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MAY ’26 KANSAS CITY-CHICAGO WHEAT SPREAD (KEK26-ZWK26) - WALSH PURE SPREADER

WALSH PURE SPREADER - Pure Hedge Division

Soybeans Close January with Losses

Soybeans posted weakness to close out Friday, with contracts 8 to 10 cents in the red. That pushed March lower on the week by 3 ½ cents. The cmdtyView national average Cash Bean price was 7 1/2 cents...

ZSPAUS.CM : 9.9750 (-0.75%)
ZLH26 : 53.51s (-0.96%)
ZMH26 : 293.6s (-0.81%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1064-2s (-0.75%)
ZSK26 : 1077-0s (-0.81%)
Wheat Slips Lower into Friday’s Close

The wheat complex gave into weakness on Friday, as a $0.893 gain in the dollar index added some pressure. Chicago SRW futures saw 3 to 4 ¼ cent losses on the day, as March was up 8 ½ cents on the week....

KEK26 : 555-0s (-0.49%)
KEH26 : 544-6s (-0.41%)
MWH26 : 5.7825s (-0.56%)
ZWH26 : 538-0s (-0.65%)
ZWK26 : 546-0s (-0.77%)
Corn Slips Lower to Close Out January

Corn futures closed the Friday session with contracts pulling off midday lows but still down 2 to 4 cents. March was down 2 ¼ cents this week. The CmdtyView national average Cash Corn price was down 2...

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 435-6s (-0.74%)
ZCH26 : 428-2s (-0.58%)
ZCPAUS.CM : 3.9330 (-0.52%)
Grain Spreads: Wheat Idea

Will Managed Money Unwind?

Shootin' the Bull about inventory

In my opinion, the inventory report showed us pretty much what was expected.  That being, liquidation has been halted with fledgling signs of expansion.

Agricultural Prices

Agricultural Prices - 2026-01-30

KGH26 : 0.6317s (-0.49%)
ZSH26 : 1064-2s (-0.75%)
KIH26 : 307.00s (unch)
XBM26 : 192.25s (+0.52%)
KOJ26 : 4,229s (-2.04%)
SWH26 : 405.10s (-1.72%)
ZSBAUS.CM : -0.6675 (+0.68%)
ZOH26 : 306-6s (+1.24%)
BJG26 : 1.4780s (+0.41%)
ZMH26 : 293.6s (-0.81%)
MLH26 : 194.25s (+1.57%)
ZCH26 : 428-2s (-0.58%)
Soybeans Falling on Friday

Soybeans are trading with 10 to 11 point losses in the front months on Friday. The cmdtyView national average Cash Bean price is 2 3/4 cents lower at $10.05. Soymeal futures are $3 to $3.30 lower, with...

ZSPAUS.CM : 9.9750 (-0.75%)
ZLH26 : 53.51s (-0.96%)
ZMH26 : 293.6s (-0.81%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1064-2s (-0.75%)
ZSK26 : 1077-0s (-0.81%)
Wheat Falling at Midday

The wheat complex is trading with losses across the three markets on Friday. Chicago SRW futures are 6 to 7 cents in the red at midday. KC HRW futures are falling back 5 to 6 cents in the front months....

KEK26 : 555-0s (-0.49%)
KEH26 : 544-6s (-0.41%)
MWH26 : 5.7825s (-0.56%)
ZWH26 : 538-0s (-0.65%)
ZWK26 : 546-0s (-0.77%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 199.00
2nd Resistance Point 196.75
1st Resistance Point 195.50
Last Price 194.25s
1st Support Level 192.00
2nd Support Level 189.75
3rd Support Level 188.50

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52-Week High 249.00
Fibonacci 61.8% 224.55
Fibonacci 50% 217.00
Fibonacci 38.2% 209.45
Last Price 194.25s
52-Week Low 185.00

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