or
Faster, Cleaner, Better.

Wheat Sep '24 (ZWU24)

571-2s +8-2 (+1.47%) 09/13/24 [CBOT]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Fri, Sep 13th, 2024
Day Low
571-2
Day High
571-2
Open 0-0
Previous Close 563-0 563-0
Volume 0 0
Open Interest 0 0
Stochastic %K 94.83% 94.83%
Weighted Alpha -13.35 -13.35
5-Day Change +18-0 (+3.25%) +18-0 (+3.25%)
52-Week Range 493-4 - 739-2 493-4 - 739-2
  • 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 Marginally Mixed Action

Wheat posted modest movement on Wednesday, with contracts mixed across the three exchanges and spring wheat the strongest. Chicago SRW futures were fractionally mixed across the front months. Kansas City HRW contracts was within a penny of unchanged on the session. Minneapolis spring wheat futures posted 3 to 4 cent gains on the session. 

The trade is looking for the 2024/25 marketing year to round out with net reductions of 100,000 to net sales of 500,000 MT in the week ending on June 5 (just 2 days for the old MY). New crop business is at 400,000 to 600,000 MT for estimates in the weekly Export Sales report. 

A Bloomberg survey of analysts shows expected wheat production ahead of Thursday's crop progress report to be up 3 mbu to 1.924 bbu. Much of that is likely going to come from the winter wheat crop which is expected to rise nearly 8 mbu to 1.389 bbu. The HRW crop is seen up 4 mbu to 755, with SRW 2 mbu higher to 346 and the white wheat crop steady at 253. Old crop... 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
08/30/24
Expiration Date
09/13/24 (expired)

Seasonal Chart

Wheat Sep '24
Average Price Chart for 5 Prior Sep Contracts

Commitment of Traders Positions as of Jun 3, 2025

View Chart Details
Commercials - Long / Short
182,990 (-3,985)
87,212 (-3,702)
Non-Commercials - Long / Short
112,261 (-2,940)
209,335 (-4,621)
Producers - Long / Short
89,498 (+651)
54,933 (-2,121)
Swap Dealers - Long / Short
68,450 (-1,403)
7,237 (+1,652)
Managed Money - Long / Short
80,948 (-2,146)
175,491 (-1,458)
Other Reportables - Long / Short
31,313 (-794)
33,844 (-3,163)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
493-4 +15.75%
on 08/27/24
Period Open: 528-6
571-2 unch
on 09/13/24
+42-4 (+8.04%)
since 08/13/24
3-Month
493-4 +15.75%
on 08/27/24
Period Open: 637-6
638-6 -10.57%
on 06/14/24
-66-4 (-10.43%)
since 06/13/24
52-Week
493-4 +15.75%
on 08/27/24
Period Open: 659-0
739-2 -22.73%
on 05/28/24
-87-6 (-13.32%)
since 09/13/23

More Wheat Quotes

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

Most Recent Stories

More News
Soybeans Pull Back Ahead of USDA Data Day

Soybean futures closed the Wednesday session with contracts down 2 to 7 ¼ cents in the red, led by the nearbys. The cmdtyView Cash Bean price is 10 3/4 cents lower to $10.02 1/2. Soymeal futures were...

ZSPAUS.CM : 10.0213 (-1.07%)
ZLZ25 : 48.34 (-0.37%)
ZMN25 : 294.8 (+0.20%)
ZSX25 : 1026-6 (-0.24%)
ZSN25 : 1045-0 (-0.52%)
ZSQ25 : 1042-4 (-0.29%)
ZSPX25US.CM : 9.6654 (-0.27%)
Wheat Closes with Marginally Mixed Action

Wheat posted modest movement on Wednesday, with contracts mixed across the three exchanges and spring wheat the strongest. Chicago SRW futures were fractionally mixed across the front months. Kansas City...

KEU25 : 540-0 (-0.05%)
KEN25 : 526-2 (unch)
MWN25 : 621-6 (+0.73%)
ZWN25 : 533-2 (-0.19%)
ZWU25 : 548-2 (-0.14%)
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!

Corn Fails to Move Higher on Record Ethanol Production

Corn futures were busy squaring up on Wednesday as the market ignored the US record large ethanol production number. Contracts closed with fractional to 1 ¾ cent losses. The front month CmdtyView national...

ZCZ25 : 440-4 (+0.17%)
ZCU25 : 425-6 (+0.12%)
ZCN25 : 436-6 (-0.06%)
ZCPZ25US.CM : 4.0709 (-0.07%)
ZCPAUS.CM : 4.1337 (-0.41%)
Grain Spreads: Weather Improving in June

Rallies Sold, China no Help

Today's Headlines Fall Short of Moving Markets

From CPI to a "trade deal", headlines throughout the day did little to move markets in a meaningful way. Here's what caught our eye in today's trade.

WALSH PURE SPREADER ....

JULY '25-DEC '25 SEPT SOYBEAN SPREAD (ZSN25-ZSU25)

Soybean Opportunities

China trade deal fails to lift prices. June WASDE released tomorrow. Grain Stocks and Prospective Plantings at the end of this month.

Shootin' the Bull about shear drapes

The curtains cattle feeders are producing behind have become more like shear drapes than curtains.

Wheat Sticking Close to Unchanged at Midday

Wheat is showing modest midday movement, with contracts mixed across the three exchanges. Chicago SRW futures are fractionally lower across the front months. Kansas City HRW contracts are fractionally...

KEU25 : 540-0 (-0.05%)
KEN25 : 526-2 (unch)
MWN25 : 621-6 (+0.73%)
ZWN25 : 533-2 (-0.19%)
ZWU25 : 548-2 (-0.14%)
What Do We Know About US Corn Supply and Demand?

To celebrate National Corn on the Cob Day, let's talk about real fundamentals for both old-crop and new-crop corn markets.

ZCZ25 : 440-4 (+0.17%)
ZCN26 : 471-2 (+0.05%)
ZCU25 : 425-6 (+0.12%)
$CNCI : 415.41 (-0.22%)
Corn Gains Ground

After a rough start to the week, corn has battled back. Can the strength continue through this week’s WASDE report?

Soybean Meal Futures Are a Value-Buying Opportunity Here

Thawing trade tensions and the potential for a weather-market rally are creating a buying opportunity in September soybean meal futures.

ZMU25 : 300.4 (+0.03%)
Soybeans Popping as Trade Tensions Ease

Soybeans are showing 4 to 6 cent higher trade so far on Wednesday morning, Futures stuck close to unchanged on Tuesday, with contracts closing fractionally to 2 cents higher on the day. Tuesday’s preliminary...

ZSPAUS.CM : 10.0213 (-1.07%)
ZLZ25 : 48.34 (-0.37%)
ZMN25 : 294.9 (+0.24%)
ZSX25 : 1026-6 (-0.24%)
ZSN25 : 1045-2 (-0.50%)
ZSQ25 : 1042-4 (-0.29%)
ZSPX25US.CM : 9.6654 (-0.27%)
Corn Extending Recovery to Wednesday Morning

Corn is trading with Wednesday AM gains of 3 to 5 cents. Futures were in a recovery mode of sorts on the Tuesday session, as contracts closed with gains of 2 to 5 cents across most months. Tuesday lows...

ZCZ25 : 440-4 (+0.17%)
ZCU25 : 425-6 (+0.12%)
ZCN25 : 436-6 (-0.06%)
ZCPZ25US.CM : 4.0709 (-0.07%)
ZCPAUS.CM : 4.1337 (-0.41%)
Wheat Recovering to Kick Off Wednesday Trade

The wheat market is trading with gains early on Wdnesday. Wheat is trading with losses across most contracts on Tuesday. Chicago SRW futures were 7 to 9 cents lower across the front months on Tuesday....

KEU25 : 540-0 (-0.05%)
KEN25 : 526-2 (unch)
MWN25 : 621-6 (+0.73%)
ZWN25 : 533-2 (-0.19%)
ZWU25 : 548-2 (-0.14%)
Looking at Cheap Corn and a Bullish Strategy

The fundamentals for corn do not look good for higher prices, in my opinion. July 2025 corn fell to its lower level since October of last year. Very good weather conditions continue to pressure the corn...

What is a negative EPO Index in meteorology? How it may thwart a potential bull market in natural gas and corn futures

As the summer market traders are pondering potential positions for themselves, Jim is scanning the science of the seas and skies.

DBA : 27.05 (-0.07%)
ZSN25 : 1045-2 (-0.50%)
SOYB : 21.77 (-0.41%)
ZWN25 : 533-2 (-0.19%)
WEAT : 4.54 (unch)
UNG : 15.95 (-0.68%)
BOIL : 50.25 (-1.10%)
NGN25 : 3.589 (+2.34%)
CORN : 18.26 (-0.05%)
NGQ25 : 3.683 (+1.97%)
ZCN25 : 436-6 (-0.06%)
TAGS : 24.57 (-0.02%)
Soybeans Sneak Out Slight Tuesday Gains

Soybeans of their hat on Tuesday, with contracts closing fractionally to 2 cents higher on the day. The cmdtyView Cash Bean price was up 1 1/2 cents to $10.13. Soymeal futures were mixed with contracts...

ZSPAUS.CM : 10.0213 (-1.07%)
ZLZ25 : 48.34 (-0.37%)
ZMN25 : 294.9 (+0.24%)
ZSX25 : 1026-6 (-0.24%)
ZSN25 : 1045-2 (-0.50%)
ZSQ25 : 1042-4 (-0.29%)
ZSPX25US.CM : 9.6654 (-0.27%)
Corn Recovers from Overnight Lows

Corn futures were in a recovery mode of sorts on the Tuesday session, as contracts closed with gains of 2 to 5 cents across most months. Overnight lows reached the lowest price for the July contract since...

ZCZ25 : 440-4 (+0.17%)
ZCU25 : 425-6 (+0.12%)
ZCN25 : 436-6 (-0.06%)
ZCPZ25US.CM : 4.0709 (-0.07%)
ZCPAUS.CM : 4.1337 (-0.41%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 571-2
2nd Resistance Point 571-2
1st Resistance Point 571-2
Last Price 571-2s
1st Support Level 571-2
2nd Support Level 571-2
3rd Support Level 571-2

See More

52-Week High 739-2
Fibonacci 61.8% 645-3
Fibonacci 50% 616-3
Fibonacci 38.2% 587-3
Last Price 571-2s
52-Week Low 493-4

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