Wheat Mar '26 (ZWH26)
Wheat Futures Market News and Commentary
The wheat complex is in the red across the three exchanges on Friday. Chicago SRW contracts are 4 to 6 cents lower so far on Friday. KC HRW futures are trading with contracts 7 to 9 cents in the red. MPLS spring wheat is down 5 to 7 cents at midday. September options expire today.
The weekly USDA Export Sales report has tallied 2026/27 wheat sales at 7.936 MMT, now down 31% from last year. That is 38% of the current USDA export estimate and lags the 49% pace from last year and the 45% average.
Sovecon estimates the Russian wheat crop at 88.2 MMT for 2026, a 0.3 MMT decline from the previous number.
Sep 26 CBOT Wheat is at $6.77 1/2, down 5 1/4 cents,
Dec 26 CBOT Wheat is at $6.95 1/4, down 4 3/4 cents,
Sep 26 KCBT Wheat is at $7.53 1/2, down 8 3/4 cents,
Dec 26 KCBT Wheat is at $7.68 3/4, down 7 3/4 cents,
Sep 26 MIAX Wheat is at $6.95 1/4, down 5 1/2 cents,
Dec 26 MIAX Wheat is at $7.21 1/4, down 6 1/2 cents,
On the da... Read more
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