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Spring Wheat Mpls Cash (MWY00)

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Spring Wheat Mpls Futures Market News and Commentary

Wheat Losses Push to Wednesday’s Close

The wheat complex was lower across the three exchanges on Wednesday. Chicago SRW futures were down 5 to 6 cents at the close. KC HRW futures were 5 to 7 cents lower on the session.  MPLS spring wheat was down 2 to 4 cents in the red on the midweek session.

Export Sales data will be released on Thursday morning, as traders are expecting to see net wheat sales totaling 200,000 to 500,000 MT for the week ending on February 26. New crop business is estimated in a range of 0-100,000 MT.

Statistics Canada planting intentions data will be released on Thursday morning, with traders surveyed by Reuters looking for all wheat acres to be tallied at 26.4 million acres, down from 26.9 million last year. Spring wheat is estimated at 18.8 million acres, steady with 2025 if realized.

Mar 26 CBOT Wheat  closed at $5.66 3/4, down 5 1/2 cents,

May 26 CBOT Wheat  closed at $5.68 1/4, down 5 3/4 cents,

Mar 26 KCBT Wheat  closed at $5.65 1/4, down 5 1/4 cents,

May 26 K... Read more

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Price Performance

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Period Period Low Period High Performance
1-Month
6.9050 +4.53%
on 02/09/26
7.4500 -3.12%
on 02/06/26
-0.0675 (-0.93%)
since 02/04/26
3-Month
6.9050 +4.53%
on 02/09/26
7.8150 -7.65%
on 01/29/26
-0.2875 (-3.83%)
since 12/04/25
52-Week
6.4200 +12.42%
on 10/01/25
8.6600 -16.66%
on 05/02/25
-0.2075 (-2.79%)
since 03/04/25

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Corn Eases Lower on Wednesday

Corn futures posted losses of 2 to 3 cents across most contracts on Wednesday. Crude oil was flat most of the day, failing to provide some spillover support. The CmdtyView national average Cash Corn price...

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 444-2 (+0.11%)
ZCH26 : 431-6s (-0.58%)
ZCPAUS.CM : 4.0225 (-0.86%)
Wheat Losses Push to Wednesday’s Close

The wheat complex was lower across the three exchanges on Wednesday. Chicago SRW futures were down 5 to 6 cents at the close. KC HRW futures were 5 to 7 cents lower on the session. MPLS spring wheat was...

KEK26 : 576-6 (+0.74%)
KEH26 : 568-0 (+0.49%)
MWH26 : 6.0400 (+0.88%)
ZWH26 : 566-6s (-0.96%)
ZWK26 : 570-6 (+0.44%)
Soybeans Slip Lower on Midweek Trade

Soybeans rounded out Wednesday trade with slight weakness, as contracts were fractionally to 1 ¼ cents lower. There were another 244 deliveries issued overnight. The cmdtyView national average Cash Bean...

ZSPAUS.CM : 10.9576 (-0.15%)
ZLK26 : 64.00 (+0.64%)
ZMK26 : 309.3 (-0.19%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1154-4s (-0.11%)
ZSK26 : 1171-6 (+0.19%)
Shootin' the Bull

Futures traders, or at least the computers, turned into buyers at the get go this morning.

Corn Posting Wednesday Weakness

Corn futures are down 2 to 4 cents across most contracts on Wednesday. There was just 1 delivery issued against March corn overnight. The CmdtyView national average Cash Corn price is down 4 cents to $4.02...

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 444-2 (+0.11%)
ZCH26 : 431-6s (-0.58%)
ZCPAUS.CM : 4.0225 (-0.86%)
Wheat Posting Wednesday Losses

The wheat complex is posting losses across most contracts at midday. Chicago SRW futures are down 6 to 7 cents at midday. KC HRW futures are slipping 6 to 7 cents at midday. There were 91 deliveries issued...

KEK26 : 576-6 (+0.74%)
KEH26 : 568-0 (+0.49%)
MWH26 : 6.0400 (+0.88%)
ZWH26 : 566-6s (-0.96%)
ZWK26 : 570-6 (+0.44%)
Soybeans Holding Steady on Wednesday

Soybeans are showing most contracts within a penny of unchanged, with front month March down 1 ¾ cents. There were another 244 deliveries issued overnight. The cmdtyView national average Cash Bean price...

ZSPAUS.CM : 10.9576 (-0.15%)
ZLK26 : 64.00 (+0.64%)
ZMK26 : 309.3 (-0.19%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1154-4s (-0.11%)
ZSK26 : 1171-6 (+0.19%)
Tradable Opportunities in Grains

Daily ranges in the grain markets have been expanding recently. It’s been a choppy back and forth trade and difficult for those with a longer-term time horizon, but shorter-term opportunities remain...

Wheat Falling on Wednesday Morning

Wheat is showing losses across the three markets, with Chicago leading the way lower. The wheat complex was mixed on Tuesday, with hard red contracts pushing higher gains. Chicago SRW futures closed 2...

KEK26 : 576-6 (+0.74%)
KEH26 : 568-0 (+0.49%)
MWH26 : 6.0400 (+0.88%)
ZWH26 : 566-6s (-0.96%)
ZWK26 : 570-6 (+0.44%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 7.2175
2nd Resistance Point 7.2175
1st Resistance Point 7.2175
Last Price 7.1825s
1st Support Level 7.2175
2nd Support Level 7.2175
3rd Support Level 7.2175

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52-Week High 8.6600
Fibonacci 61.8% 7.8043
Fibonacci 50% 7.5400
Fibonacci 38.2% 7.2757
Last Price 7.1825s
52-Week Low 6.4200

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