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Spring Wheat Dec '19 (MWZ19)

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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 Wed, Feb 19th, 2020.
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

Significant Double Digit Gains for Wheat

Wheat finished Tuesday’s session double digit gains. Chicago SRW led the way gaining 21 1/2 to 24 cents. HRW futures were also sharply higher, with the front months posting 20 1/4 to 21 1/4 cent gains at the closing bell. Spring wheat closed the session with double digit gains of 14 to 14 1/2. The USDA’s Export Inspection report with data from the week ending 02/13 showed 501,990 MT of wheat were shipped. That is 11.5% below last week, but 38.1% higher than the same week last year. MYTD wheat exports are 17.731 MMT, last year was only 15.754 MMT at the same point. OF the week’s wheat shipments, 15.76% were to Mexico. Thailand and the Philippines were next with 11.52% and 11.4% respectively of the week’s total exports. ABARES projects Australia’s 19/20 wheat crop at 15.17 MMT which is 0.78 MMT lower than the previous estimate. Turkey bought 255,000 MT of wheat with optional origin and 19/20 delivery. Japan is tendering 93,100 MT of wheat with 58,545 U.S. specific.

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