[[ type === 'moc' ? 'MARKET ON CLOSE' : 'FREE WEBINAR' ]]
[[ timeLabel ]] WATCH LIVE:
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
Faster, Cleaner, Better.

Spring Wheat May '25 (MWK25)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [MIAX Ag]
[[ 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 ]] ([[ financialData.relativeStrengthDirection14d ]]) ([[ financialData.highPercent1y ]]) ([[ financialData.lowPercent1y ]])

Spring Wheat Futures Market News and Commentary

Wheat Closes Monday with Mixed Trade

The wheat complex posted mostly weaker trade on Monday, with a few Chicago contracts higher. Chicago SRW contracts closed deferred contracts 1 ¼ cents lower to 1 ¼ cents higher in the nearbys. KC HRW futures posted losses of 3 to 5 ¾ cents a the Monday close. MPLS spring wheat was down 2 ¾ to 4 ½ cents on the session.

This week’s NASS Crop Progress report showed 62% of the US spring wheat crop harvested by Sunday, 10% ahead of the normal pace and a 21% jump on the week. Conditions were down 1% at 51% gd/ex, with the Brugler500 index back down 3 points to 341. That is the final rating for the crop.

Monday’s weekly Export Inspections report showed wheat shipments of 425,668 MT (15.64 mbu) in the week of 8/20. That was a 17.24% decrease from the week prior and 59.35% below the same week last year. The Philippines was the largest destination of 117,217 MT, with 78,033 MT shipped to South Korea and 72,335 MT to Japan. Shipments for the marketing year are now 4.337 MMT (159.3... Read more

Contract Specifications

See More
Contract
Hard Red Spring Wheat
Contract Size
5,000 bushels
Tick Size
0.0025 dollars per bushel ($12.50 per contract)
Trading Hours
7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Sun-Fri) CST
Exchange
MIAX Ag
Point Value
$5,000
Margin/Maintenance
$2,310/2,100
First Notice Date
04/30/25
Expiration Date
05/14/25 (expired)

Seasonal Chart

Spring Wheat May '25
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Aug 18, 2026

View Chart Details
Commercials - Long / Short
44,795 (-2,816)
56,584 (-1,616)
Non-Commercials - Long / Short
20,011 (+973)
8,173 (-1,206)
Producers - Long / Short
37,041 (-2,872)
56,504 (-1,569)
Swap Dealers - Long / Short
7,674 (+103)
0 (unch)
Managed Money - Long / Short
18,563 (+972)
6,900 (-812)
Other Reportables - Long / Short
1,448 (+1)
1,273 (-394)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
578-6 +6.52%
on 04/28/25
633-4 -2.68%
on 04/30/25
+11-6 (+1.94%)
since 04/14/25
3-Month
573-0 +7.59%
on 03/28/25
659-4 -6.52%
on 02/19/25
-32-6 (-5.04%)
since 02/14/25
52-Week
573-0 +7.59%
on 03/28/25
802-4 -23.18%
on 05/28/24
-152-2 (-19.80%)
since 05/14/24

More Spring Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Corn Pulls Off Highs, Still Closes Monday with Strength as Ratings Fall

Corn futures faded from the early session highs, but ended the Monday session with gains of 3 to 7 ¾ cents across most contracts. The CmdtyView national average Cash Corn price was up 7 3/4 cents at $4.63....

ZCZ26 : 518-0 (+0.48%)
ZCZ26 : 518-0 (+0.48%)
ZCU26 : 494-2 (+0.56%)
ZCPZ26US.CM : 4.8171 (+1.46%)
ZCPAUS.CM : 4.6248 (+1.63%)
Soybeans Face Monday Pressure with Bean Oil Losses

Soybeans were under pressure from bean oil on Monday, with contracts down 4 to 15 ½ cents across most months, led by the nearbys. The cmdtyView national average Cash Bean price was down 13 1/2 cents at...

ZSPAUS.CM : 11.8779 (-1.17%)
ZLZ26 : 66.92 (-0.58%)
ZMZ26 : 327.7 (-0.27%)
ZSPX26US.CM : 11.6727 (-1.24%)
ZSX26 : 1225-0 (+0.06%)
ZSU26 : 1218-0 (+0.16%)
ZSX26 : 1225-0 (+0.06%)
Wheat Closes Monday with Mixed Trade

The wheat complex posted mostly weaker trade on Monday, with a few Chicago contracts higher. Chicago SRW contracts closed deferred contracts 1 ¼ cents lower to 1 ¼ cents higher in the nearbys. KC HRW...

KEZ26 : 767-2 (unch)
KEU26 : 750-0 (-0.07%)
MWU26 : 6.9125 (-0.36%)
ZWU26 : 683-2 (+0.22%)
ZWZ26 : 701-4 (+0.29%)
Why Does the Pro Farmer Crop Tour Keep Underestimating Corn Production?

This is an in-depth dissection of the ways & means that the Crop Tour has deployed its analytics.

ZCZ26 : 518-0 (+0.48%)
SOYB : 25.94 (-1.14%)
CORN : 19.22 (+1.10%)
ZSX26 : 1225-0 (+0.06%)
Hogs Work Higher

Hogs move to upper end of recent trading range

Crop Progress

Crop Progress - 2026-08-24

MWZ26 : 7.1925 (-0.28%)
ZSX26 : 1225-0 (+0.06%)
XBX26 : 263.00s (+0.77%)
XEX26 : 78.22 (+0.29%)
SWV26 : 535.90s (-2.85%)
ZSBAUS.CM : -0.2821 (-21.75%)
ZOZ26 : 345-0 (+0.80%)
ZRX26 : 15.080 (+0.43%)
MLZ26 : 239.00s (+0.31%)
Y2U26 : 2,662s (unch)
ZCZ26 : 518-0 (+0.48%)
ZCDAUS-BIW.CM : 15,671,136 (unch)
Pure Hedge - Livestock and Grain

Hedge Plans for Corn Soybean and Wheat

Corn, Soybean Traders Get Price-Bullish Pro Farmer Crop Tour

Here is what corn, soybean, and wheat traders should be watching in the week ahead.

$DXY : 99.01 (+0.01%)
ZCZ26 : 518-0 (+0.48%)
ZWU26 : 683-2 (+0.22%)
KEZ26 : 767-2 (unch)
ZSX26 : 1225-0 (+0.06%)
ZCZ26 : 518-0 (+0.48%)
ZSX26 : 1225-0 (+0.06%)
ZWZ26 : 701-4 (+0.29%)
KEU26 : 750-0 (-0.07%)
Soybeans Falling Lower on Monday

Soybeans are trading with 12 to 15 cent losses across most contracts on Monday. The cmdtyView national average Cash Bean price is down 13 3/4 cent at $11.88. Soymeal futures are up $4.70 on the day, with...

ZSPAUS.CM : 11.8779 (-1.17%)
ZLZ26 : 66.92 (-0.58%)
ZMZ26 : 327.7 (-0.27%)
ZSPX26US.CM : 11.6727 (-1.24%)
ZSX26 : 1225-0 (+0.06%)
ZSU26 : 1218-0 (+0.16%)
ZSX26 : 1225-0 (+0.06%)
Corn Holding onto Double Digit Gains at Midday

Corn futures took off higher at the Sunday night open with midday gains holding of 11 to 12 ½ cents. The CmdtyView national average Cash Corn price is up 12 1/2 cents at $4.67 ½. Monday’s Export Inspections...

ZCZ26 : 518-0 (+0.48%)
ZCZ26 : 518-0 (+0.48%)
ZCU26 : 494-2 (+0.56%)
ZCPZ26US.CM : 4.8171 (+1.46%)
ZCPAUS.CM : 4.6248 (+1.63%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 616-4
2nd Resistance Point 616-4
1st Resistance Point 616-4
Last Price 616-4s
1st Support Level 616-4
2nd Support Level 616-4
3rd Support Level 616-4

See More

52-Week High 802-4
Fibonacci 61.8% 714-7
Fibonacci 50% 687-6
Fibonacci 38.2% 660-5
Last Price 616-4s
52-Week Low 573-0

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.