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Spring Wheat Mpls Jul '26 (MWN26)

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Spring Wheat Mpls Futures Market News and Commentary

Wheat Losses Continue on Wednesday

The wheat complex continued the downtrend on Wednesday, with losses across the three exchanges. Chicago SRW futures fell 11 to 15 ¾ cents into the Wednesday close. KC HRW futures closed with 7 ¼ to 10 ¾ cent losses on the day. MPLS spring wheat was down 9 to 10 3/4 cents on Wednesday.

USDA Export Sales data will be out on Thursday, as traders are looking for 200,000 MT in net reductions for old crop to net sales of 100,000 MT. Sales for 2026/27 are estimated to total 250,000 to 600,000 MT.

IKAR estimates the Russian wheat output at 91.5 MMT for 2026, a 1.5 MMT hike from their previous number. Exports for 2026/27 are seen at 47.5 MMT.

Jul 26 CBOT Wheat  closed at $5.87 1/4, down 15 3/4 cents,

Sep 26 CBOT Wheat  closed at $6.00 3/4, down 15 1/2 cents,

Jul 26 KCBT Wheat  closed at $6.24, down 10 3/4 cents,

Sep 26 KCBT Wheat  closed at $6.35 3/4, down 10 1/2 cents,

Jul 26 MIAX Wheat  closed at $6.26 1/4, down 10 3/4 cents,

Sep 26 MIAX Whea... Read more

Contract Specifications

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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
06/30/26 (27 days)
Expiration Date
07/14/26 (41 days)

Seasonal Chart

Spring Wheat Mpls Jul '26
Average Price Chart for 5 Prior Jul Contracts

Commitment of Traders Positions as of May 26, 2026

View Chart Details
Commercials - Long / Short
38,196 (-338)
67,182 (-963)
Non-Commercials - Long / Short
35,980 (-75)
7,176 (+811)
Producers - Long / Short
34,946 (-70)
66,972 (-999)
Swap Dealers - Long / Short
3,040 (-304)
0 (unch)
Managed Money - Long / Short
29,683 (-274)
6,081 (+428)
Other Reportables - Long / Short
6,297 (+199)
1,095 (+383)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
6.2500 unch
on 06/04/26
7.3300 -14.73%
on 05/13/26
-0.7400 (-10.59%)
since 05/04/26
3-Month
6.2275 +0.36%
on 03/05/26
7.3300 -14.73%
on 05/13/26
+0.0175 (+0.28%)
since 03/04/26
52-Week
5.8425 +6.97%
on 12/18/25
7.3300 -14.73%
on 05/13/26
-0.5900 (-8.63%)
since 06/04/25

More Spring Wheat Mpls Quotes

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Most Recent Stories

More News
Soybeans Fall into Wednesday’s Close

Soybeans broke to the downside on Wednesday, with contracts down 8 ½ to 11 ¼ cents at the close. The cmdtyView national average Cash Bean price was down 11 1/4 cents at $10.95 1/2. Soymeal futures were...

ZSPAUS.CM : 10.9450 (-1.02%)
ZLN26 : 78.34 (-0.47%)
ZMN26 : 320.4 (-0.12%)
ZSPX26US.CM : 11.0064 (-0.94%)
ZSX26 : 1163-6 (-0.30%)
ZSN26 : 1150-0 (-0.35%)
ZSQ26 : 1153-6 (-0.39%)
Wheat Losses Continue on Wednesday

The wheat complex continued the downtrend on Wednesday, with losses across the three exchanges. Chicago SRW futures fell 11 to 15 ¾ cents into the Wednesday close. KC HRW futures closed with 7 ¼ to 10...

KEU26 : 629-2 (-1.02%)
KEN26 : 617-4 (-1.04%)
MWN26 : 6.2550 (-0.12%)
ZWN26 : 581-6 (-0.94%)
ZWU26 : 595-4 (-0.87%)
Corn Losses Continue to New Lows on Wednesday

Corn futures continued the recent slide to new lows for the move on Wednesday, down 5 to 9 cents in most contracts. July closed in on the contract low, with the December contract hitting the lowest price...

ZCZ26 : 453-6 (-1.31%)
ZCU26 : 434-2 (-1.36%)
ZCN26 : 426-0 (-1.27%)
ZCPZ26US.CM : 4.2386 (-1.22%)
ZCPAUS.CM : 3.9702 (-1.84%)
Grain Spreads: Liquidation Continues

Back to Where we Traded From

Bears Run the Board: Grains Slide, Cattle Sell Off on Screwworm Scare

The bears were running the show again today. Corn's sitting three cents off its contract low, soybeans dropped double digits, and the cattle complex caught a fresh wave of selling the moment the bell rang....

Wheat Losses Pushing to Wednesday’s Midday

The wheat complex is falling on Wednesday’s midday, with contracts down across the board. Chicago SRW futures are 15 to 17 cents lower at midday. KC HRW futures are trading with contracts 14 to 15 cents...

KEU26 : 629-2 (-1.02%)
KEN26 : 617-4 (-1.04%)
MWN26 : 6.2550 (-0.12%)
ZWN26 : 581-6 (-0.94%)
ZWU26 : 595-4 (-0.87%)
Soybeans Falling Lower on Wednesday

Soybeans are falling with 6 to 9 cent losses across most contracts on Wednesday. The cmdtyView national average Cash Bean price is down 9 cents at $10.97 3/4. Soymeal futures are $2.30 to $4 lower, with...

ZSPAUS.CM : 10.9450 (-1.02%)
ZLN26 : 78.34 (-0.47%)
ZMN26 : 320.4 (-0.12%)
ZSPX26US.CM : 11.0064 (-0.94%)
ZSX26 : 1163-6 (-0.30%)
ZSN26 : 1150-0 (-0.35%)
ZSQ26 : 1153-6 (-0.39%)
Corn Reverting from Early Gains to Midday Losses

Corn futures are falling 5 to 6 ½ vents across the front months on Wednesday. The CmdtyView national average Cash Corn price was down 6 ¼ cents at $3.98 ¼. USDA reported a private export sale of 136,000...

ZCZ26 : 453-6 (-1.31%)
ZCU26 : 434-2 (-1.36%)
ZCN26 : 426-0 (-1.27%)
ZCPZ26US.CM : 4.2386 (-1.22%)
ZCPAUS.CM : 3.9702 (-1.84%)
Soybean Prices Have Likely Hit a Floor. Wait for These Levels and Then Buy.

August soybean futures present a buying opportunity on fresh price strength.

ZSQ26 : 1153-6 (-0.39%)
Wheat Showing Higher Trade on Wednesday

Wheat is starting with a slight bounce in Wednesday morning. The wheat complex posted Tuesday losses across all three exchanges at the close. Chicago SRW futures were 1 ¼ to 5 3/4 cents lower at the close....

KEU26 : 629-2 (-1.02%)
KEN26 : 617-4 (-1.04%)
MWN26 : 6.2550 (-0.12%)
ZWN26 : 581-6 (-0.94%)
ZWU26 : 595-4 (-0.87%)

Barchart Trading Guide

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

Relative Strength is below 30%. The market is in oversold territory. Watch for a potential trend reversal.

Key Turning Points

3rd Resistance Point 6.5150
2nd Resistance Point 6.4625
1st Resistance Point 6.3625
Last Price 6.2550
1st Support Level 6.2100
2nd Support Level 6.1575
3rd Support Level 6.0575

See More

52-Week High 7.3300
Fibonacci 61.8% 6.7618
Fibonacci 50% 6.5863
Fibonacci 38.2% 6.4107
Last Price 6.2550
52-Week Low 5.8425

See More

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