Wheat May '22 (ZWK22)
Wheat Futures Market News and Commentary
The wheat complex was in rally mode on Friday, closing with double digit strength across the three exchanges. Chicago SRW contracts was 15 ¼ to 20 ¾ cents in the green on the day, with nearby September up 40 ½ cents on the week.  KC HRW futures were up 17 ¾ to 22 cents at the close, with September rallying 37 3/4 cents this week. MPLS spring wheat was 11 ½ to 14 ¼ cents higher on the session, with September up 33 ¾ cents from last week’s close.
Wheat gained steam on Friday after reports that Russia is restricted export flows through Don-Azov channel. The Sea of Azov accounts for nearly a quarter of Russia’s wheat shipments exit the region.
Weekly Commitment of Traders data indicated managed money in CBT wheat futures and options backing off their net short by 6,705 contracts in the week ending on July 7, taking it to 62,325 contracts. In KC wheat, they added another 4,845 contracts to their net long, now at 11,764 contracts.
Crop Production data was updated this mo... Read more
Sidwell Strategies · Sat Jul 11, 10:18AM CDT
Watch Russia export news over weekend
Bull Strangle Newsletter · Sat Jul 11, 9:13AM CDT
After selecting the best direction and leg configuration, one final filter remains: volatility. Discover how Smart Spreads classifies trades into high-,...
Barchart · Fri Jul 10, 5:27PM CDT
The wheat complex was in rally mode on Friday, closing with double digit strength across the three exchanges. Chicago SRW contracts was 15 ¼ to 20 ¾...
Barchart · Fri Jul 10, 5:27PM CDT
Corn bulls found their footing on Friday following friendlier than expected USDA data. Contracts were up 2 ½ to 10 ¼ cents across the board, led by the...
Barchart · Fri Jul 10, 5:27PM CDT
Soybeans closed the Friday session with contracts up fractionally in some deferred to as much as 16 ¾ cents. September closed the week with a 55 ½ cent...
Walsh Trading · Fri Jul 10, 5:01PM CDT
News lows for cattle pressures cash prices
Barchart · 4 minutes ago
GF Securities expects strong growth for Taiwan Semiconductor in Q2.
Barchart · 20 minutes ago
Changes in regulations could help Tesla iterate its technologies faster to develop autonomous driving.
Barchart · 1 hour ago
Nvidia's valuation has fallen to its lowest level since 2019, even as Wall Street continues to see strong upside.
Barchart · Sun Jul 12, 12:30PM CDT
Meta Platforms has been announcing a flurry of AI initiatives that would help it monetize its capex. META stock can rise further in 2026 as the company...
Barchart · Sun Jul 12, 12:00PM CDT
The company's photonics business is gaining traction as Tower Semiconductor ships 5 million PICs to customers.
Barchart · Sun Jul 12, 12:00PM CDT
Markets face one of the year's most important weeks as Federal Reserve Chair Kevin Warsh delivers his inaugural semi-annual monetary policy testimony before...
Barchart · Sun Jul 12, 10:49AM CDT
Netflix’s real test is not whether the World Cup temporarily hurts viewing but whether pricing, advertising growth, and margins remain intact.
Barchart · Sun Jul 12, 10:30AM CDT
As Taiwan raises fresh concerns over the AI boom, can Nvidia's AI dominance outweigh mounting bubble fears?