or
Faster, Cleaner, Better.

Wheat Mar '23 (ZWH23)

686-4s +14-2 (+2.12%) 03/14/23 [CBOT]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Tue, Mar 14th, 2023
Day Low
686-4
Day High
686-4
Open 0-0
Previous Close 672-2 672-2
Volume 35 35
Open Interest 33 33
Stochastic %K 21.91% 21.91%
Weighted Alpha -30.46 -30.46
5-Day Change +1-6 (+0.26%) +1-6 (+0.26%)
52-Week Range 653-4 - 1273-2 653-4 - 1273-2
  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
  • MAX
Full Chart
  • OHLC Bars
  • Colored OHLC Bars
  • HLC Bars
  • Candlestick Hollow
  • Candlestick Open-to-Close
  • Candlestick Close-to-Close
  • Heikin-Ashi
  • Line Chart
  • Area Chart
  • Renko
  • Column
  • Baseline
  • Line Break
  • Range
  • Kagi
  • Point And Figure

Wheat Futures Market News and Commentary

Wheat Closes with Mixed Trade on Tuesday

The wheat complex was mixed across the three markets on Tuesday. Chicago SRW wheat was down 3 to 4 cents at the close. KC HRW futures saw fractionally higher trade into the closing bell. MPLS spring wheat saw 2 to 3 cent losses.

The Monday afternoon Crop Progress report showed the US winter wheat crop at 63% harvested, 1% below the 5-year average pace. The Spring wheat crop was 78% headed, 3% ahead of normal, with conditions up 4% to 54% gd/ex, as the Brugler500 index was up 8 points to 345. The improvement was mainly in MN (+14), with MT (+8), ND (+6), and SD (+5) seeing better ratings. 

Russian wheat production was estimated at 84 MMT by IKAR, a 0.5 MMT reduction from their prior number, with exports expected in 2025/26 at 42 MMT. Algeria purchased a large chunk of wheat this morning, with an estimated 1 MMT purchased. 

Sep 25 CBOT Wheat  closed at $5.38, down 3 1/2 cents,

Dec 25 CBOT Wheat  closed at $5.58 3/4, down 3 1/2 cents,

Sep 25 KCBT Wheat  cl... 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
$1,815/1,650
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 Jul 8, 2025

View Chart Details
Commercials - Long / Short
151,152 (-474)
81,821 (+5,171)
Non-Commercials - Long / Short
111,202 (+6,682)
173,042 (-1,114)
Producers - Long / Short
66,240 (-365)
63,733 (+6,218)
Swap Dealers - Long / Short
73,677 (+480)
6,853 (-458)
Managed Money - Long / Short
83,593 (+5,169)
141,186 (-652)
Other Reportables - Long / Short
27,609 (+1,513)
31,856 (-462)
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
Period Open: 786-0
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
Period Open: 749-2
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
Period Open: 947-6
1273-2 -46.08%
on 05/17/22
-261-2 (-27.57%)
since 03/14/22

More Wheat Quotes

All Futures Prices
Please wait...
Please wait...
false

Most Recent Stories

More News
Soybeans Pushing Higher Early on Wednesday

Soybeans are trading with gains of 9 to 10 cents so far on Wednesday. Futures slipped lower at midday, with contracts closing 5 to 6 cents in the red on Tuesday. Tuesdays preliminary open interest was...

ZSPAUS.CM : 9.7366 (+1.82%)
ZLZ25 : 54.48 (+0.15%)
ZMZ25 : 283.6 (+1.47%)
ZSX25 : 1018-2 (+1.65%)
ZSQ25 : 1011-2 (+1.63%)
ZSU25 : 1003-2 (+1.62%)
ZSPX25US.CM : 9.6032 (+1.85%)
Corn Bulls Trying to Take Control on Wednesday

Corn price action is 4 to 6 cents higher so far on Wednesday morning. Futures held onto gains heading into the Tuesday close, as contracts were up 1 to 2 cents in the nearbys. Preliminary open interest...

ZCZ25 : 424-6 (+1.19%)
ZCZ25 : 424-6 (+1.19%)
ZCU25 : 406-0 (+1.18%)
ZCPZ25US.CM : 3.9192 (+1.34%)
ZCPAUS.CM : 3.9246 (+1.24%)
Plus500 Makes Futures Trading Truly Accessible: Low Margins and Up to $200 in a Commission-Free Bonus!

Trade the most popular US futures of 2025: Agricultural Commodities, Indices, Crypto, Metals, Forex, and more! Join over 30 million people worldwide who trust Plus500. Start trading today with a deposit as low as $100!

Wheat Sticking Close to Steady on Wednesday Morning

Wheat is showing slight mixed action on Wednesday AM trade, with most contracts steady. The wheat complex was mixed across the three markets on Tuesday. Chicago SRW wheat was down 3 to 4 cents at the close....

KEZ25 : 544-6 (-0.23%)
KEU25 : 522-2 (-0.29%)
MWU25 : 6.0100 (-0.04%)
ZWU25 : 539-6 (+0.33%)
ZWZ25 : 559-4 (+0.13%)
Soybeans Fall on Tuesday

Soybeans slipped lower at midday, with contracts closing 5 to 6 cents in the red on Tuesday. The cmdtyView national average Cash Bean price was down 4 3/4 cents at $9.56 1/4. Soymeal futures were down...

ZSPAUS.CM : 9.7366 (+1.82%)
ZLZ25 : 54.48 (+0.15%)
ZMZ25 : 283.6 (+1.47%)
ZSX25 : 1018-2 (+1.65%)
ZSQ25 : 1011-2 (+1.63%)
ZSU25 : 1003-2 (+1.62%)
ZSPX25US.CM : 9.6032 (+1.85%)
Corn Holds onto Turnaround Tuesday Strength

Corn futures held onto gains heading into the Tuesday close, as contracts were up 1 to 2 cents in the nearbys. The front month CmdtyView national average Cash Corn price was up 1 1/4 cents at $3.88 3/4....

ZCZ25 : 424-6 (+1.19%)
ZCZ25 : 424-6 (+1.19%)
ZCU25 : 406-0 (+1.18%)
ZCPZ25US.CM : 3.9192 (+1.34%)
ZCPAUS.CM : 3.9246 (+1.24%)
Wheat Closes with Mixed Trade on Tuesday

The wheat complex was mixed across the three markets on Tuesday. Chicago SRW wheat was down 3 to 4 cents at the close. KC HRW futures saw fractionally higher trade into the closing bell. MPLS spring wheat...

KEZ25 : 544-6 (-0.23%)
KEU25 : 522-2 (-0.29%)
MWU25 : 6.0100 (-0.04%)
ZWU25 : 539-6 (+0.33%)
ZWZ25 : 559-4 (+0.13%)
Pure Hedge - Livestock and Grain

The Grains Need Significant Trade Deals Completed - Easiest Path for the Cattle Markets is Lower

Lean Hogs Hold Key Support

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

HEQ25 : 105.050 (+1.08%)
Walsh Pure Technicals - Pure Hedge Division

Grain Technicals

Corn Posting Turnaround Tuesday Gains

Corn futures are trading with contracts up 2 to 4 cents at midday on Tuesday. The front month CmdtyView national average Cash Corn price is up 2 cents at $3.89 1/2. Crop Progress data showed the US corn...

ZCZ25 : 424-6 (+1.19%)
ZCZ25 : 424-6 (+1.19%)
ZCU25 : 406-2 (+1.25%)
ZCPZ25US.CM : 3.9192 (+1.34%)
ZCPAUS.CM : 3.9271 (+1.31%)
Wheat Slide Lower Continues

The wheat complex is trading with losses on Tuesday. Chicago SRW wheat is down 4 to 5 cents at midday. KC HRW futures are fractionally in the red at midday so far on Tuesday. MPLS spring wheat is trading...

KEZ25 : 544-6 (-0.23%)
KEU25 : 522-2 (-0.29%)
MWU25 : 6.0100 (-0.04%)
ZWU25 : 539-4 (+0.28%)
ZWZ25 : 559-6 (+0.18%)
Soybeans Leaking with Ratings Strength

Soybeans are showing midday losses of 3 to 5 cents on Tuesday as contracts revert from early morning gains. The cmdtyView national average Cash Bean price is down 4 cents at $9.57 3/4. Soymeal futures...

ZSPAUS.CM : 9.7366 (+1.82%)
ZLZ25 : 54.46 (+0.11%)
ZMZ25 : 283.6 (+1.47%)
ZSX25 : 1018-4 (+1.67%)
ZSQ25 : 1011-2 (+1.63%)
ZSU25 : 1003-4 (+1.65%)
ZSPX25US.CM : 9.6057 (+1.88%)
Monday's Strength in the Grain Markets Falls Flat Overnight

Grain markets stage an impressive recovery on Monday, but follow through has been non existent after Monday’s crop progress report showed better than expect conditions for soybeans.

Soybeans Losses Continue as Ratings Improve

Soybeans are 3 to 5 cents lower as Tuesday morning trade kicks off. Futures slipped lower on the Monday session, with contracts fractionally to 4 cents in the red. July expired on Monday, with 204 deliveries...

ZSPAUS.CM : 9.7366 (+1.82%)
ZLZ25 : 54.46 (+0.11%)
ZMZ25 : 283.6 (+1.47%)
ZSX25 : 1018-4 (+1.67%)
ZSQ25 : 1011-2 (+1.63%)
ZSU25 : 1003-4 (+1.65%)
ZSPX25US.CM : 9.6057 (+1.88%)
Wheat Weakness Continuing on Tuesday

The wheat complex is down across the three markets early on Tuesday. Wheat is trading with losses across the three markets on Monday. Chicago SRW wheat posted 3 to 4 cent losses on Monday. July futures...

KEZ25 : 544-6 (-0.23%)
KEU25 : 522-2 (-0.29%)
MWU25 : 6.0100 (-0.04%)
ZWU25 : 539-4 (+0.28%)
ZWZ25 : 559-6 (+0.18%)
Corn Giving Back Monday Gains Early on Tuesday

Corn prices are down 4 to 5 cents early on Tuesday. Futures posted gains of 4 to 6 cents across most contracts on Monday following the overnight gap lower. July futures expired as there were another 29...

ZCZ25 : 424-6 (+1.19%)
ZCZ25 : 424-6 (+1.19%)
ZCU25 : 406-2 (+1.25%)
ZCPZ25US.CM : 3.9192 (+1.34%)
ZCPAUS.CM : 3.9271 (+1.31%)
How About those Crop Condition Numbers for Corn and Soybeans?

Yes, I'm addressing NASS' latest weekly crop condition numbers, the Kardashians of government reports, to point out...well, you'll see.

ZCZ25 : 424-6 (+1.19%)
ZSX25 : 1018-4 (+1.67%)
ZCU25 : 406-2 (+1.25%)
$CRWI : 470.61 (-0.04%)
Spring Wheat Leads the Market Lower

Wheat is trading with losses across the three markets on Monday. Chicago SRW wheat posted 3 to 4 cent losses on Monday. July futures expired today. KC HRW contracts are were down 1 to 2 cents on the day....

KEZ25 : 544-6 (-0.23%)
KEU25 : 522-2 (-0.29%)
MWU25 : 6.0100 (-0.04%)
ZWU25 : 539-4 (+0.28%)
ZWZ25 : 559-6 (+0.18%)
Corn Extends Monday Bounce into the Close

Corn futures posted gains of 4 to 6 cents across most contract son Monday following the overnight gap lower. July futures expired today. The front month CmdtyView national average Cash Corn price was up...

ZCZ25 : 424-6 (+1.19%)
ZCZ25 : 424-6 (+1.19%)
ZCU25 : 406-2 (+1.25%)
ZCPZ25US.CM : 3.9192 (+1.34%)
ZCPAUS.CM : 3.9271 (+1.31%)

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

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.
Use your up/down arrows to move through the symbols.
Free Barchart Webinar
3 Explosive Trends for 2025 You Can't Afford to Miss