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 | More
or

Spring Wheat Mar '22 (MWH22)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [MGEX]
[[ 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 ]]

Spring Wheat Futures Market News and Commentary

Wheat Closes Mixed on Late Rally

After starting the Friday session double digits in the red, wheat futures rallied into the close. For SRW that left the board 5 1/4 to 6 1/2 cents lower on the day. KC wheat closed 3 1/4 to 6 1/4 cents in the red for the front months. MPLS futures rallied back into the black on the day, ending fractionally to 3 1/2 cents higher. Dec HRS futures traded within a 30 3/4 cent range on Friday. 

USDA’s weekly Export Sales report showed 567,487 MT of wheat was sold during the week of 11/18. That was more than double last week, but still 29% below the same week last year. Japan was the week’s top buyer, with 154k MT of the total. Total wheat commitments were 523.5 mbu as of 11/18. Egypt’s GASC issued an international wheat tender. 

Buenos Aires Grains Exchange reported the Argentine wheat crop at 20.3 MMT in their latest forecast. That is up from 19.8 MMT in their previous forecast – citing better than expected yields. 

Dec 21 CBOT Wheat  closed at $8.30 1/4, down 6 1/2 ce... Read more

Contract Specifications

See More
Contract
Hard Red Spring 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. - 1:30p.m. (Sun-Fri) (Settles 1:30p.m.) CST
Exchange
MGEX
Point Value
$50
Margin/Maintenance
$3,315/2,550
First Notice Date
02/28/22 (94 days)
Expiration Date
03/14/22 (108 days)

Seasonal Chart

Spring Wheat Mar '22
Average Price Chart for 5 Prior Mar Contracts

Commitment of Traders Positions as of Nov 16, 2021

View Chart Details
Commercials - Long / Short
25,709 (-677)
58,774 (-1,835)
Non-Commercials - Long / Short
28,759 (-1,115)
2,352 (+404)
Producers - Long / Short
23,547 (-679)
57,616 (-1,872)
Swap Dealers - Long / Short
2,052 (+18)
1,048 (+53)
Managed Money - Long / Short
15,463 (-1,205)
520 (+276)
Other Reportables - Long / Short
13,296 (+90)
1,832 (+128)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
991-2 +5.78%
on 11/08/21
1066-2 -1.66%
on 11/02/21
+46-2 (+4.61%)
since 10/26/21
3-Month
851-0 +23.21%
on 09/10/21
1066-2 -1.66%
on 11/02/21
+149-0 (+16.56%)
since 08/26/21
52-Week
586-6 +78.70%
on 12/09/20
1066-2 -1.66%
on 11/02/21
+444-0 (+73.45%)
since 11/25/20

More Spring Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Thanksgiving week ends with market rout

New COVID variant sparks selling

Corn Bulls Fight Back into Close

Futures rallied back from early Friday losses to close in the black. December traded within a 21 1/4 cent range on Friday, and posted the highest close since July 1. USDA reported the cash corn oil prices...

ZCZ21 : 586-6s (+1.21%)
ZCPAUS.CM : 5.7276 (+1.31%)
ZCH22 : 591-6s (+1.07%)
ZCZ21 : 586-6s (+1.21%)
ZCPZ21US.CM : 5.7601 (+1.17%)
Wheat Closes Mixed on Late Rally

After starting the Friday session double digits in the red, wheat futures rallied into the close. For SRW that left the board 5 1/4 to 6 1/2 cents lower on the day. KC wheat closed 3 1/4 to 6 1/4 cents...

ZWZ21 : 825-4s (-1.34%)
ZWPAES.CM : 7.7650 (-1.49%)
KEZ21 : 865-0s (-0.94%)
KEPAWS.CM : 8.4571 (-0.68%)
MWZ21 : 1039-4s (+0.27%)
Soybeans Bounced for Close but Stay Red

After sharp 20+ cent losses to start Friday, soybeans bounced back to end the day down 11 1/4 to 13 3/4 cents. Soymeal futures also came back but stayed with $2 to $2.80/ton losses at the bell. Soybean...

ZSF22 : 1252-6s (-1.09%)
ZSPAUS.CM : 12.1660 (-1.11%)
ZSH22 : 1263-0s (-1.12%)
ZSX21 : 1234-0s (+1.79%)
ZSPX21US.CM : 12.1660 (-1.11%)
Shootin' the Bull

In my opinion, the volatility of market fluctuation on Friday, due to the creation of another variant of covid, leads me to believe a consortium effort is being made to decrease inflation, or more accurately,...

Wheat Down Double Digits

Front month wheat futures are trading with double digit losses for Friday’s midday after the Thanksgiving holiday. SRW is down the most so far, giving back 14 1/4 to 15 3/4 cents. The $8.20 pin is in...

ZWZ21 : 825-4s (-1.34%)
ZWPAES.CM : 7.7650 (-1.49%)
KEZ21 : 865-0s (-0.94%)
KEPAWS.CM : 8.4571 (-0.68%)
MWZ21 : 1039-4s (+0.27%)
Double Digit Drop for Soybeans

Front month soybeans are working 19 3/4 to 23 1/2 cents in the red so far for Friday. Indications of a new COVID variant spreading in South Africa caused concern about another economic slowdown and thus...

ZSF22 : 1252-6s (-1.09%)
ZSPAUS.CM : 12.1660 (-1.11%)
ZSH22 : 1263-0s (-1.12%)
ZSX21 : 1234-0s (+1.79%)
ZSPX21US.CM : 12.1660 (-1.11%)
Corn Prices Weaker at Midday

Domestic corn futures are trading 6 3/4 to 8 cents weaker for midday on Friday. December options will expire at the close, with a Dec 570 pin currently in play but others also at risk in thin market conditions....

ZCZ21 : 586-6s (+1.21%)
ZCPAUS.CM : 5.7276 (+1.31%)
ZCH22 : 591-6s (+1.07%)
ZCZ21 : 586-6s (+1.21%)
ZCPZ21US.CM : 5.7601 (+1.17%)
Top Farmer Midday Update 11-26-2021

TFM Cash+ Take the Stress Out of Your Marketing Strategy. No hedge account. No margin calls. Just comprehensive, common-sense guidance at a great value. Learn more: https://www.totalfarmmarketing.com/tfm-cash-plus/...

Wheat Traders Expect Sluggish US Export Sales Number

Wheat markets are set to start the Black Friday session at 8:30 AM CST. Wheat futures were down by double digits on Wednesday. Spring wheat prices climbed back late to end fractionally to 1 1/2 cents lower...

ZWZ21 : 825-4s (-1.34%)
ZWPAES.CM : 7.7650 (-1.49%)
KEZ21 : 865-0s (-0.94%)
KEPAWS.CM : 8.4571 (-0.68%)
MWZ21 : 1039-4s (+0.27%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 1091-3
2nd Resistance Point 1071-5
1st Resistance Point 1060-1
Last Price 1048-4s
1st Support Level 1028-7
2nd Support Level 1009-1
3rd Support Level 997-5

See More

52-Week High 1066-2
Last Price 1048-4s
Fibonacci 61.8% 883-1
Fibonacci 50% 826-4
Fibonacci 38.2% 769-7
52-Week Low 586-6

See More

by Barchart
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

Barchart Futures Commentary

Barchart Futures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

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.

Free Barchart Webinar