Wheat Mini Dec '26 (XWZ26)
Wheat Mini Futures Market News and Commentary
Wheat is starting Tuesday Trade with losses across the three exchanges. The wheat complex posted mostly weaker trade on Monday, with a few Chicago contracts higher. Chicago SRW contracts closed deferred contracts 1 ¼ cents lower to 1 ¼ cents higher in the nearbys. Open interest was up 5,589 contracts. KC HRW futures posted losses of 3 to 5 ¾ cents at the Monday close. OI was down 2,781 contracts. MPLS spring wheat was down 2 ¾ to 4 ½ cents on the session.
On Monday, Ukraine’s President Zelensky stated there will be a diplomatic track with Russia in regard to the Black Sea attack.
This week’s NASS Crop Progress report showed 62% of the US spring wheat crop harvested by Sunday, 10% ahead of the normal pace and a 21% jump on the week. Conditions were down 1% at 51% gd/ex, with the Brugler500 index back down 3 points to 341. That is the final rating for the crop.
Monday’s weekly Export Inspections report showed wheat shipments of 425,668 MT (15.64 mbu) in the week of 8... Read more
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