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.
Stocks | Futures | Watchlist | News | More
or
Faster, Cleaner, Better.

Hard Red Winter Wheat Dec '25 (KEZ25)

[[ 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 ]]

Hard Red Winter Wheat Futures Market News and Commentary

Wheat Posting Monday AM Gains

Wheat is showing 4 to 7 cent higher trade so far on Monday morning. The wheat complex was mixed on Friday, with the winter wheat contracts closing lower. CBT soft red wheat futures were 7 to 8 cents lower to close out Friday, as December was down 6 ¼ cents on the week. Friday’s open interest was down 20,481 contracts. KC HRW futures posted 3 to 5 cents losses, with December down 5 ¼ cents since last Friday. Open interest dropped 4,065 contracts. MPLS spring wheat futures were steady to up a penny in the nearbys across most contracts on Friday, to close the week with a nickel gain. 

Dryness is expected to persist across most of the Southern Plains in the next week, with parts of SRW country seeing some precip. 

French soft wheat planting is now 79% planted as of 11/3, a 11 point move on the week according to the FranceAgriMer. Durum was tallied at 23% planted. Wheat harvest in Argentina is estimated at 11.6% complete according to the Buenos Aires Gains exchange.

Dec... Read more

Contract Specifications

See More
Contract
Hard 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
$1,760/1,600
First Notice Date
11/28/25 (18 days)
Expiration Date
12/12/25 (32 days)

Seasonal Chart

Hard Red Winter Wheat Dec '25
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of Sep 23, 2025

View Chart Details
Commercials - Long / Short
124,961 (+434)
93,849 (-1,269)
Non-Commercials - Long / Short
86,620 (+3,161)
117,482 (+4,603)
Producers - Long / Short
55,734 (+1,681)
85,966 (+751)
Swap Dealers - Long / Short
64,248 (+182)
2,904 (-591)
Managed Money - Long / Short
59,282 (+3,507)
109,464 (+3,153)
Other Reportables - Long / Short
27,338 (-346)
8,018 (+1,450)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
477-2 +9.80%
on 10/14/25
540-0 -2.96%
on 11/05/25
+41-0 (+8.49%)
since 10/10/25
3-Month
477-2 +9.80%
on 10/14/25
542-0 -3.32%
on 08/11/25
-13-2 (-2.47%)
since 08/08/25
52-Week
477-2 +9.80%
on 10/14/25
682-6 -23.25%
on 02/19/25
-98-2 (-15.79%)
since 11/08/24

More Hard Red Winter Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Grain Markets are Heating Up Ft. Oliver Sloup

Grain markets struggled in the back half of last week’s trade but have found their footing as significant support has held for corn, soybeans, and wheat. Where to next? Oliver Sloup breaks it down for...

Soybeans Trading with Monday AM Strength

Soybeans are in rally mode early on Monday morning, as contracts are 6 to 7 cents higher. Futures posted some strength to close out last week, as contracts were up 8 to 10 cents. Open interest was up 13,624...

ZSPAUS.CM : 10.5334 (+1.01%)
ZLZ25 : 50.31 (+1.27%)
ZMZ25 : 319.1 (+0.63%)
ZSX25 : 1109-4 (+0.70%)
ZSX25 : 1109-4 (+0.70%)
ZSF26 : 1128-0 (+0.98%)
Wheat Posting Monday AM Gains

Wheat is showing 4 to 7 cent higher trade so far on Monday morning. The wheat complex was mixed on Friday, with the winter wheat contracts closing lower. CBT soft red wheat futures were 7 to 8 cents lower...

KEH26 : 536-0 (+0.75%)
KEZ25 : 524-0 (+0.91%)
MWZ25 : 5.6000 (+0.36%)
ZWZ25 : 532-6 (+0.95%)
ZWH26 : 547-2 (+0.92%)
Corn Trading on the Higher Side to Start Monday

Corn prices are up 1 to 2 cents so far on Monday morning. Friday futures action posted losses of 1 to 2 cents across most contracts, as December managed to slip 4 ¼ cents lower last week. Friday’s open...

ZCZ25 : 428-6 (+0.35%)
ZCH26 : 443-4 (+0.34%)
ZCZ25 : 428-6 (+0.35%)
ZCPAUS.CM : 3.8819 (+0.32%)
Walsh Gamma Trader

Low-Cost Options, With Limited Risk

Profit taking in grains, while cattle bottom and set for rebound

USDA reports return this next week

WALSH PURE SPREADER - Pure Hedge Division

JAN-MAR’26 Soybean-Spread (ZSF26-ZSH26)

Corn Eases Lower into the Weekend

Corn futures posted losses of 1 to 2 cents across most contracts on the Friday session, as December managed to slip 4 ¼ cents lower this week. The CmdtyView national average Cash Corn price was down 1...

ZCZ25 : 428-6 (+0.35%)
ZCH26 : 443-4 (+0.34%)
ZCZ25 : 428-6 (+0.35%)
ZCPAUS.CM : 3.8819 (+0.32%)
Soybeans Close the Week on a Bounce

Soybeans posted some strength to close out the week, as contracts were up 8 to 10 cents. January was up 1 ¾ cents on the week that saw several double digit swings. There were another 36 deliveries issued...

ZSPAUS.CM : 10.5334 (+1.01%)
ZLZ25 : 50.31 (+1.27%)
ZMZ25 : 319.1 (+0.63%)
ZSX25 : 1109-4 (+0.70%)
ZSX25 : 1109-4 (+0.70%)
ZSF26 : 1128-0 (+0.98%)
ZSPX25US.CM : 10.5334 (+1.01%)
Wheat Closes Friday on a Mixed Note

The wheat complex was mixed on Friday, with the winter wheat contracts closing lower. CBT soft red wheat futures were 7 to 8 cents lower trade to close out the week, as December was down 6 ¼ cents on...

KEH26 : 536-0 (+0.75%)
KEZ25 : 524-0 (+0.91%)
MWZ25 : 5.6000 (+0.36%)
ZWZ25 : 532-6 (+0.95%)
ZWH26 : 547-2 (+0.92%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 531-5
2nd Resistance Point 528-5
1st Resistance Point 523-7
Last Price 524-6
1st Support Level 516-1
2nd Support Level 513-1
3rd Support Level 508-3

See More

52-Week High 682-6
Fibonacci 61.8% 604-2
Fibonacci 50% 580-0
Fibonacci 38.2% 555-6
Last Price 524-6
52-Week Low 477-2

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