Spring Wheat Mpls Jul '26 (MWN26)
Spring Wheat Mpls Futures Market News and Commentary
The wheat complex is falling back on Thursday. Chicago SRW futures are falling 15 to 18 ¼ cents. There were 400 deliveries against May CBT wheat overnight. KC HRW futures are 5 to 13 cents in the red at midday. There were 578 deliveries against May KC wheat on FND, all by the Bunge house account. MPLS spring wheat is down 2 to 12 ½ cents.
Export Sales data from this morning showed 226,096 MT of old crop wheat sales in the week of 4/23, on the higher side of trade estimates of 0-300,000 MT. That was a 5-week higher and well above the same week last year. Â New crop sales were at 156,715 MT, which was also near the top end of the expected range of 0-200,000 MT. That was the largest sales total in 4 weeks for 2026/27.
Much of the US remains dry for the next week, with exception to portions of central TX, as well as precip resuming in parts of SRW country later in the next 7 day period. Much of the Central/Northern Plains remain dry.
Russian wheat exports are expected t... Read more
Swift Trading Company · Thu Apr 30, 2:06PM CDT
Volatility was exceptional today. A mixed close as well suggests some spreading taking place.
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Barchart · Thu Apr 30, 12:23PM CDT
The wheat complex is falling back on Thursday. Chicago SRW futures are falling 15 to 18 ¼ cents. There were 400 deliveries against May CBT wheat overnight....
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