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

Spring Wheat May '17 (MWK17)

[[ 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 Posting Mixed Midday Action

The wheat complex is trading with mixed feelings across the three markets at Friday’s midday.Chicago SRW futures are up 2 to 3 cents so far on the day. KC HRW are trading with fractional losses across the nearbys. MPLS spring wheat is trading with 2 to 3 cent gains.

Thursday morning’s Export Sales report showed all export commitments for wheat are now 11.093 MMT, which is 28% above the same time last year and a 4-year high. That is 49% of the USDA export projection, with the 5-year average pace at 52%.

Ukraine’s ag ministry pegs the 2024/25 winter wheat planted area dripping 4.5% from their previous number to 11.07 million acres. 

Dec 24 CBOT Wheat  is at $5.68 1/2, up 3 cents,

Mar 25 CBOT Wheat  is at $5.87 3/4, up 2 3/4 cents,

Dec 24 KCBT Wheat  is at $5.64, down 1/2 cent,

Mar 25 KCBT Wheat  is at $5.78, down 1/4 cent,

Dec 24 MGEX Wheat  is at $6.09 3/4, up 2 cents,

Mar 25 MGEX Wheat  is at $6.32 1/4, up 2 1/2 cents,

On the... 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
$2,090/1,900
First Notice Date
04/28/17
Expiration Date
05/12/17 (expired)

Seasonal Chart

Spring Wheat May '17
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Sep 17, 2024

View Chart Details
Commercials - Long / Short
38,686 (-3,822)
24,939 (+986)
Non-Commercials - Long / Short
13,184 (+1,491)
27,836 (-3,720)
Producers - Long / Short
35,434 (-4,044)
24,416 (+1,117)
Swap Dealers - Long / Short
3,086 (+232)
357 (-121)
Managed Money - Long / Short
9,644 (+1,501)
26,186 (-3,664)
Other Reportables - Long / Short
3,540 (-10)
1,650 (-56)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
520-0 +3.27%
on 04/24/17
554-4 -3.16%
on 05/01/17
+8-2 (+1.56%)
since 04/12/17
3-Month
515-2 +4.22%
on 04/11/17
573-4 -6.36%
on 02/13/17
-33-2 (-5.83%)
since 02/10/17
52-Week
499-6 +7.45%
on 08/31/16
600-0 -10.50%
on 06/08/16
-28-6 (-5.08%)
since 05/12/16

More Spring Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Pure Hedge - Livestock and Grain

Livestock Markets All Made New 1-Month Highs - The Grains Sat and Watched

Shootin' the Bull about a good day to conduct business

In my opinion, a great deal of opportunity was presented this week to get some marketing done at price levels and basis spreads previously unavailable.

Corn Posting Losses at Midday

Corn futures are trading at Friday’s midday with losses of 2 to 3 ½ cents. The national average Cash Corn price from cmdtyView is down 2 ¾ cents at $3.69 per bu. Thursday morning's Export Sales report...

ZCPAUS.CM : 3.6817 (-0.98%)
ZCZ24 : 401-6s (-0.99%)
ZCZ24 : 401-6s (-0.99%)
ZCH25 : 420-0s (-1.00%)
ZCPZ24US.CM : 3.7519 (-1.12%)
Soybeans Pulling Off Early Session Lows

Soybeans are trading 2 to 3 ¼ cents lower so far on Friday, with midday action well off the early double digit losses. CmdtyView’s national front month Cash Bean price is dow 3 cents at $9.48 1/2. Soymeal...

ZLZ24 : 41.36s (+1.05%)
ZMZ24 : 319.2s (-0.75%)
ZSPX24US.CM : 9.5358 (-0.08%)
ZSPAUS.CM : 9.5032 (-0.11%)
ZSX24 : 1012-0s (-0.12%)
ZSX24 : 1012-0s (-0.12%)
ZSF25 : 1029-4s (-0.17%)
Wheat Posting Mixed Midday Action

The wheat complex is trading with mixed feelings across the three markets at Friday’s midday.Chicago SRW futures are up 2 to 3 cents so far on the day. KC HRW are trading with fractional losses across...

KEH25 : 577-4s (-0.13%)
MWZ24 : 608-0s (+0.04%)
KEZ24 : 564-0s (-0.09%)
ZWZ24 : 568-4s (+0.53%)
ZWH25 : 587-4s (+0.43%)
Will Seasonal Tendencies Come Into Play This Year?

Corn and soybeans drift lower in the early morning trade, while wheat tries to find it’s footing. Will seasonal tendencies come into play this year?

Soybeans Down on Friday AM

Soybeans are trading with Friday morning losses of 2 to 3 cents. Futures rounded out the Thursday session with a bout of weakness, as contracts were fractionally lower across the front months. CmdtyView’s...

ZLZ24 : 41.36s (+1.05%)
ZMZ24 : 319.2s (-0.75%)
ZSPAUS.CM : 9.5032 (-0.11%)
ZSX24 : 1012-0s (-0.12%)
ZSX24 : 1012-0s (-0.12%)
ZSF25 : 1029-4s (-0.17%)
Corn Ticking Lower to Start Friday

Corn prices are kicking off Friday with losses of ¾ to 1 cent in the nearbys. Futures closed out the Thursday session with losses of 3 ¾ to 7 cents across the board. The front month national Cash Corn...

ZCPAUS.CM : 3.6817 (-0.98%)
ZCZ24 : 401-6s (-0.99%)
ZCZ24 : 401-6s (-0.99%)
ZCH25 : 420-0s (-1.00%)
Wheat Managing to Post Overnight Gains Heading into Friday

Futures are posting gains across the three markets as we begin the Friday session. The wheat complex posted losses across the board on Thursday. Chicago SRW futures were down 8 ½ to 10 1/4 cents on the...

KEH25 : 577-4s (-0.13%)
MWZ24 : 608-0s (+0.04%)
KEZ24 : 564-0s (-0.09%)
ZWZ24 : 568-4s (+0.53%)
ZWH25 : 587-4s (+0.43%)
Soybeans Close with Fractional Losses

Soybean futures rounded out the Thursday session with a bout of weakness, as contracts were fractionally lower across the front months. CmdtyView’s national front month Cash Bean price was down 3/4 cent...

ZSPAUS.CM : 9.5032 (-0.11%)
ZMZ24 : 319.2s (-0.75%)
ZLZ24 : 41.36s (+1.05%)
ZSX24 : 1012-0s (-0.12%)
ZSF25 : 1029-4s (-0.17%)
ZSX24 : 1012-0s (-0.12%)

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 541-4
1st Resistance Point 539-2
Last Price 537-0s
1st Support Level 532-4
2nd Support Level 528-0
3rd Support Level N/A

See More

52-Week High 600-0
Fibonacci 61.8% 561-6
Fibonacci 50% 549-7
Fibonacci 38.2% 538-0
Last Price 537-0s
52-Week Low 499-6

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.

Free Barchart Webinar