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.
Never miss an Options trading signal: Unusual Options Activity and Options Screeners with Barchart Premier. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or

Spring Wheat Sep '22 (MWU22)

[[ 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 Still Higher at Midday

Despite pulling off the overnight highs by 15-20 cents across some contracts, the wheat complex is still in the green on Friday. Chicago contracts are leading the way, with 9 to 10 cent gains in the front months. MPLS is next in line, with 5 to 7 cent gains. Kansas City contracts are bringing up the rear with gains of 2 to 4 cents. 

An update by the International Grains Council showed a slightly lower world production total for 24/25 at 798 MMT. The carryout for new crop is 259 MMT, down 3, with the 23/24 ending stocks figure at 264 MMT.

SovEcon’s projection for their Russian production total was down 1 MMT on Friday from the March estimate at 93 MMT. On Friday, Russia’s Ag Ministry announce they were raising the Russian wheat export tax by 6.4% to 3,443 ruble/MT (~$1/bu).

May 24 CBOT Wheat  is at $5.46, up 9 1/4 cents,

Jul 24 CBOT Wheat  is at $5.62 1/4, up 9 1/4 cents,

May 24 KCBT Wheat  is at $5.78 1/2, up 1 1/4 cents,

Jul 24 KCBT Wheat  is at... 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
$2,750/2,500
First Notice Date
08/31/22
Expiration Date
09/14/22 (expired)

Seasonal Chart

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

Commitment of Traders Positions as of Apr 9, 2024

View Chart Details
Commercials - Long / Short
41,961 (-2,034)
17,251 (+1,161)
Non-Commercials - Long / Short
11,193 (+1,966)
35,878 (-486)
Producers - Long / Short
38,916 (-1,763)
16,627 (+1,637)
Swap Dealers - Long / Short
2,544 (-109)
123 (-314)
Managed Money - Long / Short
7,924 (+1,500)
35,074 (+79)
Other Reportables - Long / Short
3,269 (+466)
804 (-565)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
850-0 +8.94%
on 08/18/22
929-2 -0.35%
on 08/29/22
+6-4 (+0.71%)
since 08/12/22
3-Month
850-0 +8.94%
on 08/18/22
1218-6 -24.02%
on 06/16/22
-282-4 (-23.38%)
since 06/14/22
52-Week
773-6 +19.68%
on 09/15/21
1406-4 -34.16%
on 05/17/22
+149-4 (+19.25%)
since 09/14/21

More Spring Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Shootin' the Bull about a higher price for more cattle

Today's on feed number is interesting with 11.82 million head on feed, approximately 1 % more when March of '23 had 11.64. Today's price of April futures is $181.47 and last year, with fewer cattle on...

Corn Sellers are Winning... For Now

Technical Analysis of Corn Futures to assist traders and farmers with grain marketing.

ZCN24 : 443-0s (+1.55%)
Wheat Still Higher at Midday

Despite pulling off the overnight highs by 15-20 cents across some contracts, the wheat complex is still in the green on Friday. Chicago contracts are leading the way, with 9 to 10 cent gains in the front...

ZWK24 : 550-2s (+2.52%)
ZWN24 : 566-6s (+2.49%)
KEK24 : 581-4s (+0.74%)
KEN24 : 583-0s (+1.35%)
MWK24 : 647-0s (+1.29%)
Corn Heading Higher Following EPA Announcement

Midday action in the corn market has futures with 5 to 7 cent gains across most front months. The EPA today issued an emergency waiver to allow sales of E15 this summer. The waiver overrides the current...

ZCK24 : 433-4s (+1.58%)
ZCPAUS.CM : 4.1741 (+1.78%)
ZCN24 : 443-0s (+1.55%)
ZCZ24 : 466-2s (+1.36%)
ZCPZ24US.CM : 4.3498 (+1.42%)
Soybeans Rallying Double Digits into the Weekend

Soybeans are posting double digit gains across the front months on Friday, with gains of 10 to 14 cents. Soymeal is up $5.60 to $6 in the nearbys at midday. Soy Oil is 6 to 7 points higher so far. A private...

ZMN24 : 343.2s (+1.72%)
ZLN24 : 44.94s (+0.63%)
ZSK24 : 1150-4s (+1.43%)
ZSPAUS.CM : 10.9672 (+1.50%)
ZSN24 : 1165-6s (+1.46%)
ZSX24 : 1161-0s (+1.02%)
ZSPX24US.CM : 11.0052 (+1.07%)
Grains Attempt to Rally

Grain markets are firm in the early morning trade, will it last?

Soybeans Higher Following Overnight Trade

Soybeans are trading 3 to 4 cents higher following overnight trade. They pushed lower into Thursday’s close, as contracts settled with losses of 6 ¾ to 15 ¼ cents on the day, led by the nearbys. Soymeal...

ZMN24 : 343.2s (+1.72%)
ZLN24 : 44.94s (+0.63%)
ZSK24 : 1150-4s (+1.43%)
ZSPAUS.CM : 10.9672 (+1.50%)
ZSN24 : 1165-6s (+1.46%)
ZSX24 : 1161-0s (+1.02%)
ZSPX24US.CM : 11.0052 (+1.07%)
Corn Starting Friday With A Bounce

Overnight action in the corn market has prices up 3 to 4 cents this morning. Corn was lower on Thursday, with losses of 3 1/2 to 4 ¾ cents at the close. May was 3 ½ cents in the red and back below $4.30,...

ZCK24 : 433-4s (+1.58%)
ZCPAUS.CM : 4.1741 (+1.78%)
ZCN24 : 443-0s (+1.55%)
ZCZ24 : 466-2s (+1.36%)
ZCPZ24US.CM : 4.3498 (+1.42%)
Wheat Greening Up On Friday

The wheat markets are trading higher this morning with Chicago and MPLS putting in a joint effort to lead the way, up 5 to 7 cents. KC is steady to 2 cents higher. They put together some buyers on Thursday,...

ZWK24 : 550-2s (+2.52%)
ZWN24 : 566-6s (+2.49%)
KEK24 : 581-4s (+0.74%)
KEN24 : 583-0s (+1.35%)
MWK24 : 647-0s (+1.29%)
Grains Overview 4/18/24

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

ZSK24 : 1150-4s (+1.43%)
ZSN24 : 1165-6s (+1.46%)
ZCN24 : 443-0s (+1.55%)
ZCK24 : 433-4s (+1.58%)
ZWK24 : 550-2s (+2.52%)
ZWN24 : 566-6s (+2.49%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 926-0
2nd Resistance Point 926-0
1st Resistance Point 926-0
Last Price 926-0s
1st Support Level 926-0
2nd Support Level 926-0
3rd Support Level 926-0

See More

52-Week High 1406-4
Fibonacci 61.8% 1164-6
Fibonacci 50% 1090-1
Fibonacci 38.2% 1015-4
Last Price 926-0s
52-Week Low 773-6

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.

Free Barchart Webinar