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.
Screeners that run automatically... and then email you the results! FREE 30 Day Trial

Stocks | Futures | Watchlist | More
or

Spring Wheat Dec '22 (MWZ22)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [MGEX]
[[ 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 ]]

Spring Wheat Futures Market News and Commentary

Wheats Weaken on Thursday

Front month wheat futures pulled back on Thursday, but closed nearly a dime off their intra-day low. CBT SRW futures went home 2 3/4 to 3 3/4 cents in the red. KC HRW futures faded by 4 to 5 cents on the day. MPLS spring wheat prices were higher with 1 1/2 to 7 1/2 cent gains in the front months. 

USDA Export Sales data showed 189,858 MT of wheat sold in the week ending 12/1, a 22% increase over the previous week. That was on the low end of the trade range of estimates of 150,000 to 350,000 MT. Accumulated wheat commitments 13.64 MMT, compared to 14.56 MMT last season.

Analysts surveyed ahead of the monthly WASDE report show an average trade estimate of 581.3 mbu for US wheat carryout. That would be a 10.3 mbu increase from November if realized. The full range is to see between 551 and 602 mbu. World stocks ideas run 262.5-276 MMT, with an average of 268 MMT. That would just be 200,000 MT over last month. 

 

Dec 22 CBOT Wheat  closed at $7.24 1/4, down 2 3/4... Read more

Contract Specifications

See More
Contract
Hard Red Spring 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. - 1:30p.m. (Sun-Fri) (Settles 1:30p.m.) CST
Exchange
MGEX
Point Value
$50
Margin/Maintenance
$3,630/3,300
First Notice Date
11/30/22
Expiration Date
12/14/22 (5 days)

Seasonal Chart

Spring Wheat Dec '22
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of Nov 29, 2022

View Chart Details
Commercials - Long / Short
28,534 (+1,711)
29,486 (+1,342)
Non-Commercials - Long / Short
5,428 (+358)
3,801 (+686)
Producers - Long / Short
26,760 (+1,888)
29,186 (+1,342)
Swap Dealers - Long / Short
1,774 (-177)
300 (unch)
Managed Money - Long / Short
1,741 (-141)
3,170 (+636)
Other Reportables - Long / Short
3,687 (+499)
631 (+50)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
904-0 +2.63%
on 12/05/22
982-6 -5.60%
on 11/15/22
-22-6 (-2.39%)
since 11/08/22
3-Month
892-2 +3.98%
on 09/09/22
1024-2 -9.42%
on 10/10/22
+29-4 (+3.28%)
since 09/08/22
52-Week
850-0 +9.15%
on 01/14/22
1400-0 -33.73%
on 05/17/22
+14-0 (+1.53%)
since 12/08/21

More Spring Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Wheats Weaken on Thursday

Front month wheat futures pulled back on Thursday, but closed nearly a dime off their intra-day low. CBT SRW futures went home 2 3/4 to 3 3/4 cents in the red. KC HRW futures faded by 4 to 5 cents on the...

ZWZ22 : 724-2s (-0.38%)
ZWH23 : 749-4 (+0.44%)
ZWPAES.CM : 6.7946 (-0.43%)
KEZ22 : 860-4s (-0.46%)
KEPAWS.CM : 8.0794 (-0.49%)
MWZ22 : 927-6s (+1.64%)
Soybean Prices Rallied Double Digits

Beans closed with 11 1/2 to 14 1/4 cent gains in the nearbys, however the gains dwindled to a penny loss by the Nov 2023 contract. Meal futures were $5.40 to $7.40 stronger on the day. Front month BO prices...

ZSF23 : 1489-0 (+0.19%)
ZSPAUS.CM : 14.6221 (+0.97%)
ZSH23 : 1493-2 (+0.20%)
ZSK23 : 1499-0 (+0.22%)
Corn Closed Mixed on Inter-Year Spreads

The Thursday corn session closed with a penny to 1 1/2 cent gains. New crop prices were fractionally to 2 cents weaker on the day. Weekly corn bookings were 691,556 MT for the week that ended 12/1. That...

ZCZ22 : 633-0 (+0.16%)
ZCPAUS.CM : 6.4813 (+0.19%)
ZCH23 : 643-2 (unch)
ZCK23 : 644-6 (unch)
TFM Closing Commentary 12-8-2022

TFM Cash+ Take the Stress Out of Your Marketing Strategy. No hedge account. No margin calls. Just comprehensive, common-sense guidance at a great value. Learn more: https://www.totalfarmmarketing.com/tfm-cash-plus/...

Shootin' the Bull about cattle feeders

Both cash and futures were higher today.  Sale barn receipts are showing higher prices and futures today were stout. The index set a new high in this rally with the current August high of $183.16 believed...

Be Wary of the Current El Nino Talk for 2023-The Huge Tonga Volcanic Eruption is a Big Question Mark

While normal cycles going back 180 Years suggest that multi-year La Nina's tend to Morph Into El Nino's in the Third Year...The Volcanic Explosivity Index 6 Tonga Eruption in February 2022 Has a Reasonable...

Wheat Unimpressed With Export Sales

Wheat is trading both sides of the aisle this morning. MPLS spring wheat is up 1 to 11 cents per bushel. KC HRW is down 3 ¼ to 4 1.4. Chicago SRW is down ¼ to 2 ¼. USDA Export Sales data showed 189,858...

ZWZ22 : 724-2s (-0.38%)
ZWH23 : 749-4 (+0.44%)
ZWPAES.CM : 6.7946 (-0.43%)
KEZ22 : 860-4s (-0.46%)
KEPAWS.CM : 8.0794 (-0.49%)
MWZ22 : 927-6s (+1.64%)
Soybeans Highest Since September 13

January soybean futures traded at the highest price since September 13 this morning on stronger than expected weekly export sales numbers. USDA announced a sale of 718,000 MT of soybeans to “unknown...

ZSF23 : 1489-0 (+0.19%)
ZSPAUS.CM : 14.6221 (+0.97%)
ZSH23 : 1493-2 (+0.20%)
ZSK23 : 1499-0 (+0.22%)
Corn Prices HIgher on Mexico and China Buying

Corn futures are 1 to 4 cents higher at midday. This morning, USDA confirmed weekly export sales of 691,600 MT, smack dab in the middle of the range. Mexico and China were the two biggest buyers. Trade...

ZCZ22 : 633-0 (+0.16%)
ZCPAUS.CM : 6.4813 (+0.19%)
ZCH23 : 643-2 (unch)
ZCK23 : 644-6 (unch)
TFM Midday Update 12-8-2022

CORN March corn up 3 @ 6.40 On Friday’s report, the USDA may lower corn exports and raise ending stocks Bank CEOs are raising concerns about a recession US corn export commitments are below a year ago...

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Average Signal Strength.

Key Turning Points

3rd Resistance Point 934-1
2nd Resistance Point 930-7
1st Resistance Point 929-3
Last Price 927-6s
1st Support Level 924-5
2nd Support Level 921-3
3rd Support Level 919-7

See More

52-Week High 1400-0
Fibonacci 61.8% 1189-7
Fibonacci 50% 1125-0
Fibonacci 38.2% 1060-1
Last Price 927-6s
52-Week Low 850-0

See More

by Barchart
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

Barchart Futures Commentary

Barchart Futures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

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.

Free Barchart Webinar