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.
or
Menu

Spring Wheat Sep '18 (MWU18)

Get Real-Time Futures
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [MGEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ fieldTitles[key] ]] [[ value ]] [[ value ]]

cmdty Insider - Spring Wheat Market Commentary


Wheat futures are showing 6 to 10 cent losses in the winter wheat contracts on Turnaround Tuesday, with MPLS down 1 to 3 cents. The USDA indicated that 342,157 MT of wheat was shipped in the week that ended on 11/8. That was slightly higher than the prior week and 10.85% more than the same week in 2017. Japan is seeking 120,226 MT of US, Canadian and Australian wheat in their weekly MOA tender to close on Thursday, with 50,327 MT US origin. Iraq is exploring the idea of importing Russian wheat, shifting away from the US, Australia, and Canada. Commercial sources are reducing their Brazilian wheat production estimates to as low as 5.3 MMT, with expectations that imports from Argentina and elsewhere could total up to 7 MMT. Argentine wheat is currently cheaper than US origin offerings.Dec 18 CBOT Wheat is at $5.09 3/4, down 10 cents,Dec 18 KCBT Wheat is at $4.86 1/4, down 7 1/4 cents,Dec 18 MGEX Wheat is at $5.81 1/2, down 1 cent--provided by Brugler Marketing & Management

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) CST
Exchange
MGEX
Point Value
$50
Margin/Maintenance
$1,430/1,300
First Notice Date
08/31/18
Expiration Date
09/14/18 (expired)

Seasonal Chart

Spring Wheat Sep '18
Average Price Chart for 5 Prior Sep Contracts

Commitment of Traders Positions as of Nov 6, 2018

View Chart Details
Commercials - Long / Short
46,454 (+3,706)
37,701 (+2,865)
Non-Commercials - Long / Short
13,450 (+61)
21,466 (+589)
Producers - Long / Short
42,802 (+3,804)
37,602 (+2,827)
Swap Dealers - Long / Short
3,553 (-136)
0 (unch)
Managed Money - Long / Short
7,427 (-179)
13,473 (-556)
Other Reportables - Long / Short
6,023 (+240)
7,993 (+1,145)
Get Realtime - Quotes and Charts for Futures Traders. Learn More

Price Performance

See More
Period Period Low Period High Performance
1-Month
541-2 +2.91%
on 09/07/18
615-2 -9.47%
on 08/17/18
-39-2 (-6.58%)
since 08/14/18
3-Month
523-6 +6.35%
on 07/12/18
639-0 -12.83%
on 08/07/18
-32-6 (-5.55%)
since 06/14/18
52-Week
523-6 +6.35%
on 07/12/18
654-4 -14.90%
on 05/29/18
-76-4 (-12.08%)
since 09/14/17

More Spring Wheat Quotes

All Futures
Please wait...

Most Recent Stories

More News
Corn - Just My Opinion

Still a Trading Range Affair

Wheat whipsaw continues

Russian wheat crop upgraded as U.S. export data dissapoints.

Grains Report 11/13/18

DJ CBOT Delivery Intentions: Totals – Nov 13 Source: CME Group Contract Quantity Next Trade Commodity Month Delivery Day Assigned Today Date [...]

Corn Market Commentary

Corn futures are mostly 3 to 4 cents in the red on Tuesday. Ethanol is lower at midday to coincide with sharp losses in crude oil. Shipments of corn during the week of 11/8 were tallied at 1.137 million...

Soybeans Market Commentary

Soybean futures are down 2 to 3 cents in the nearby contracts at midday. Front month soy meal is $1.30/ton lower, with soy oil 9 points in the red. A private export sale of 276,732 MT of 18/19 soybeans...

Wheat Market Commentary

Wheat futures are showing 6 to 10 cent losses in the winter wheat contracts on Turnaround Tuesday, with MPLS down 1 to 3 cents. The USDA indicated that 342,157 MT of wheat was shipped in the week that...

Morning Grain Market Research

We would appear to have a typical Tuesday undo session underway as the markets that were strong yesterday are weak this morning and vice versa for the markets that were lower yesterday. Of course, realistically...

Mnuchin and China’s Liu He Resume Dialogue. The Corn & Ethanol Report 11/13/18

We have Export Inspections at 10:00 A.m. and Crop Progress at 3:00 P.M. which was delayed due to USDA celebrating the Veterans Day Holiday. U.S [...]

US Row Crop Markets Mixed, Crude Oil Makes 9 Month Low

Good morning friends, US row crop markets are mixed this morning, while crude oil makes a new 9 month low. December corn and January soybeans remain in their tight ranges at 370 and 888, while cotton markets...

Daily Grain Technicals & Fundamentals (11.13.18)

Sell corn, buy beans, hold wheat?

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 72% Sell with a Average short term outlook on maintaining the current direction.

Longer term, the trend strength is Average. Long term indicators fully support a continuation of the trend.

See More Share

Key Turning Points

2nd Resistance Point 557-0
1st Resistance Point 557-0
Last Price 557-0s
1st Support Level 557-0
2nd Support Level 557-0

See More

52-Week High 654-4
Fibonacci 61.8% 604-4
Fibonacci 50% 589-1
Fibonacci 38.2% 573-6
Last Price 557-0s
52-Week Low 523-6

See More

InsideFutures Commentary

InsideFutures 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.

Add Data Columns to this Table
Learn about our Custom Views
Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar