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Wheat Mini Jul '23 (XWN23)

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Wheat Mini Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Wheat Mini prices and Wheat Mini futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Wed, Jul 24th, 2024.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Wheat Mini Historical Prices page.

Wheat Mini Futures Market News and Commentary

Wheat Markets Lower on Turnaround Tuesday Fading of Monday Gains

Wheat futures were lower in a Turnaround Tuesday performance, fading gains from Monday. Chicago SRW futures settled 4 ¼ to 5 ¼ lower.  Kansas City HRW contracts were down 4 to 5 cents at the close.  MPLS spring wheat settled mostly 7 ¼ to 7 ½ cents lower than where it was on Monday evening. 

Crop Progress data from USDA showed 76% of US winter wheat area harvested as of July 21, a 4% lead over the 5-year average pace. As for the spring wheat crop, 89% was listed as headed, 1% behind the 5-year average. HRS condition ratings were unchanged on the week at 67% good/excellent, as the Brugler500 rating dropped 1 point to 383 on a 2% increase in poor/very poor ratings. These still imply high average yields. 

SovEcon gave their Russian wheat crop estimate a 0.1 MMT revision higher this morning, now at 84.2 MMT, and compared to USDA’s 83 MMT projection. EU exports have totaled 1.44 MMT so far in the marketing years from July 1 to July 21, compared to the 2.21 MMT in the same per... Read more

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