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Spring Wheat Sep '23 (MWU23)

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Spring Wheat Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Spring Wheat prices and Spring Wheat futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Tue, Mar 31st, 2026.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Spring Wheat Historical Prices page.

Spring Wheat Futures Market News and Commentary

Wheat Closes with Report Day Gains as Acres Seen Lower than Expected

The wheat complex got a positive reaction to the USDA report on Tuesday, rallying across the three markets. Chicago SRW futures were 4 to 9 1/4 cents higher. KC HRW futures saw 3 to 9 1/4 cent gains though contracts were well off the middy highs. MPLS spring wheat was 6 ¼ to 8 cents in the green on the Tuesday session.

March Intentions from this morning showed all wheat acres at 43.775 million acres, 0.905 million acres below trade estimates and 1.553 million below last year. Winter wheat acres were 32.41 million acres, 580,000 below the Winter Wheat Seedings report and down 743,000 from last year. Spring wheat was 428,000 acres shy of estimates and down 485,000 from a year ago at 9.415 million acres. Durum was at 1.95 million acres.  

Grain Stocks data was tallied at 1.3 bbu for wheat as of March 1. That was a 63 mbu increase from a year ago but 10 mbu shy of the average trade estimate from Reuters. which would be 73 mbu above a year ago.

May 26 CBOT Wheat  closed... Read more

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