Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Barchart Premier: The most comprehensive method for keeping track of all your investments. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or

Wheat Mar '23 (ZWH23)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CBOT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Wheat Futures Market News and Commentary

Wheat Slightly Higher Ahead of Weekend Break

The wheat complex is trading higher on Friday’s midday. Chicago contracts are up 2 to 5 cents so far, with Kansas City HRW futures 1 to 4 ½ cents higher. MPLS is firm to 2 ¾ cents in the green. 

Yesterday’s USDA’s WASDE update had a 25 mbu hike to the US carryout number for 23/24 on a 30 mbu drop to the feed & residual use and 5 mbu fewer imports. Stocks were pegged at 698 million bushel and above the average trade estimate (690 mbu). 

French soft wheat conditions were rated at 64% gd/ex as of 4/8, a 1% decline from the week prior according to the FanceAgriMer. Last year’s soft wheat ratings were 94% gd/ex, with the current data the lowest for the current week since 2020. Russia’s ag ministry raised their wheat export tax by 1.3% to 3,276.6 roubles/MT (95 cents/bu) as of April 17 through April 23. 

May 24 CBOT Wheat  is at $5.56 3/4, up 5 cents,

Jul 24 CBOT Wheat  is at $5.70 3/4, up 4 1/2 cents,

May 24 KCBT Wheat  is at $5.85 3/4, up 2 1/2 cents,

Read more

Contract Specifications

See More
Contract
Chicago Soft Red Winter Wheat
Contract Size
5,000 bushels
Tick Size
1/4 cent per bushel ($12.50 per contract)
Trading Hours
7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST
Exchange
CBOT
Point Value
$50
Margin/Maintenance
$2,585/2,350
First Notice Date
02/28/23
Expiration Date
03/14/23 (expired)

Seasonal Chart

Wheat Mar '23
Average Price Chart for 5 Prior Mar Contracts

Commitment of Traders Positions as of Apr 9, 2024

View Chart Details
Commercials - Long / Short
137,049 (-10,333)
83,925 (-3,702)
Non-Commercials - Long / Short
119,333 (-61)
171,730 (-7,921)
Producers - Long / Short
49,389 (+645)
63,256 (+13,130)
Swap Dealers - Long / Short
73,256 (+4,337)
6,265 (-1,517)
Managed Money - Long / Short
76,928 (-2,281)
162,734 (-7,491)
Other Reportables - Long / Short
42,405 (+2,220)
8,996 (-430)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
653-4 +5.05%
on 03/09/23
787-2 -12.80%
on 02/15/23
-99-4 (-12.66%)
since 02/14/23
3-Month
653-4 +5.05%
on 03/09/23
799-0 -14.08%
on 12/30/22
-62-6 (-8.38%)
since 12/14/22
52-Week
653-4 +5.05%
on 03/09/23
1273-2 -46.08%
on 05/17/22
-261-2 (-27.57%)
since 03/14/22

More Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Hogs Crash Go Limit Down

Hogs Go down Limit. Settle just above down limit

Corn Rallying into Weekend

Corn futures are recovering from the Thursday losses post-USDA report. They are heading into the weekend with gains of 4 to 6 cents higher. The WASDE update from Thursday morning had a 50 mbu reduction...

ZCK24 : 435-4s (+1.57%)
ZCPAUS.CM : 4.1712 (+1.68%)
ZCN24 : 447-2s (+1.42%)
ZCZ24 : 472-0s (+1.29%)
ZCPZ24US.CM : 4.4011 (+1.37%)
Wheat Slightly Higher Ahead of Weekend Break

The wheat complex is trading higher on Friday’s midday. Chicago contracts are up 2 to 5 cents so far, with Kansas City HRW futures 1 to 4 ½ cents higher. MPLS is firm to 2 ¾ cents in the green. Yesterday’s...

ZWK24 : 556-0s (+0.77%)
ZWN24 : 570-6s (+0.79%)
KEK24 : 589-6s (+1.11%)
KEN24 : 587-0s (+1.47%)
MWK24 : 642-6s (+0.90%)
Soybeans Higher Despite Bean Oil Weakness

Soybean futures are up 6 to 10 ½ cents across most contracts on Friday. Soymeal futures are being helpful to the bulls with gains of $4.10 to $6.10/ton. Soy Oil continued to be a drag on things this...

ZMK24 : 344.4s (+2.62%)
ZLN24 : 46.45s (-0.26%)
ZSK24 : 1174-0s (+1.27%)
ZSPAUS.CM : 11.1994 (+1.34%)
ZSN24 : 1186-6s (+1.22%)
ZSX24 : 1176-2s (+1.03%)
ZSPX24US.CM : 11.1577 (+1.10%)
Grain Markets Attempt to Find Their Footing

Grain markets were weaker following yesterday's USDA report but are finding their footing in the early morning trade.

European Commodities: UK Natural Gas Bounces from Lows as Japan Drives Demand

Natural gas outperformed this week, and cocoa prices continue to surge. Here's a full round-up of the biggest commodity movers in Europe.

NFK24 : 76.380s (+3.65%)
Q2Y00 : 31,689.00s (-0.99%)
DVJ24 : 17.85 (+11.21%)
CAN24 : 8,640s (+5.20%)
MLK24 : 203.50s (+1.24%)
SWQ24 : 589.20s (-1.29%)
LOM24 : 2.6795 (+0.64%)
Soybeans Pulling Higher

Overnight trade saw price action 3 to 5 ½ cent gains in the soybean market. Soybeans plunged after the USDA report release, but rallied back to close out the Thursday session with losses of 3 ¼ to 5...

ZMK24 : 344.4s (+2.62%)
ZLN24 : 46.45s (-0.26%)
ZSK24 : 1174-0s (+1.27%)
ZSPAUS.CM : 11.1994 (+1.34%)
ZSN24 : 1186-6s (+1.22%)
ZSX24 : 1176-2s (+1.03%)
ZSPX24US.CM : 11.1577 (+1.10%)
Corn Rebounds on Friday Morning Action

Corn futures are rebounding slightly from Thursday’s weakness, with steady to 2 cent gains following overnight action. Post-USDA report action and bearish Export Sales numbers pushed corn futures lower...

ZCK24 : 435-4s (+1.57%)
ZCPAUS.CM : 4.1712 (+1.68%)
ZCN24 : 447-2s (+1.42%)
ZCZ24 : 472-0s (+1.29%)
ZCPZ24US.CM : 4.4011 (+1.37%)
Wheat Hovering Near Unchanged This Morning

The wheat complex is trading steady to a penny on either side of 0 across the three exchanges on Friday morning following the overnight trade. They posted losses on Thursday, following bearish USDA data....

ZWK24 : 556-0s (+0.77%)
ZWN24 : 570-6s (+0.79%)
KEK24 : 589-6s (+1.11%)
KEN24 : 587-0s (+1.47%)
MWK24 : 642-6s (+0.90%)
Soybeans Are Looking Vulberable

An analysis of soybean price trends to assist traders and farmers with grain marketing.

ZSK24 : 1174-0s (+1.27%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 686-4
2nd Resistance Point 686-4
1st Resistance Point 686-4
Last Price 686-4s
1st Support Level 686-4
2nd Support Level 686-4
3rd Support Level 686-4

See More

52-Week High 1273-2
Fibonacci 61.8% 1036-4
Fibonacci 50% 963-3
Fibonacci 38.2% 890-2
Last Price 686-4s
52-Week Low 653-4

See More

by Barchart
Solutions for Grain Market Professionals barchart.com/cmdty
Commodity Price Reports
Get Free Access!
cmdtyView for Ag marketers and merchandisers
Start Free Trial
We help Agribusinesses make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar