[[ type === 'moc' ? 'MARKET ON CLOSE' : 'FREE WEBINAR' ]]
[[ timeLabel ]] WATCH LIVE:
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.

Wheat May '25 (ZWK25)

[[ 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 ]] ([[ financialData.relativeStrengthDirection14d ]]) ([[ financialData.highPercent1y ]]) ([[ financialData.lowPercent1y ]])

Wheat Futures Market News and Commentary

Wheat Extends Post-USDA Report Gains to Wednesday’s Close

The wheat complex was higher across the three exchanges on Wednesday. Chicago SRW contracts were 4 to 11 ¼ cents higher on the Wednesday session. KC HRW futures saw 4 ¾ to 12 ¼ cent gains across the board on Wednesday. MPLS spring wheat was 9 ¾ to 13 ½ cents higher at the Wednesday close.  

USDA’s weekly Export Sales report will be out on Thursday, as traders are looking for between 300,000 and 600,000 MT of 2026/27 wheat sales in the week of June 26. 

All wheat acres were tallied at 42.74 million acres in Tuesday’s NASS Acreage report, well below the 43.8 million acre average trade estimate and 1.035 million below March Intentions data. That came mainly on a drop to the winter wheat number, down 890,000 acres from March to 31.52 million. Harvested acres for winter wheat was down 805,000 acres to 21.12 million. Spring wheat acres were tallied just below estimates at 9.39 million acres, with durum at 1.83 million acres and shy of trade ideas. 

Quarterly Grain Stocks... 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
$2,145/1,950
First Notice Date
04/30/25
Expiration Date
05/14/25 (expired)

Seasonal Chart

Wheat May '25
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Jun 23, 2026

View Chart Details
Commercials - Long / Short
164,502 (-7,271)
115,858 (-4,666)
Non-Commercials - Long / Short
117,821 (+1,299)
166,232 (-1,102)
Producers - Long / Short
61,192 (-2,482)
83,194 (-2,649)
Swap Dealers - Long / Short
89,952 (-2,402)
19,306 (+370)
Managed Money - Long / Short
68,457 (+595)
138,890 (+2,060)
Other Reportables - Long / Short
49,364 (+704)
27,342 (-3,162)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
499-0 +1.95%
on 05/12/25
555-6 -8.46%
on 04/17/25
-38-6 (-7.08%)
since 04/14/25
3-Month
499-0 +1.95%
on 05/12/25
621-6 -18.17%
on 02/18/25
-104-6 (-17.07%)
since 02/14/25
52-Week
499-0 +1.95%
on 05/12/25
771-6 -34.08%
on 05/28/24
-231-4 (-31.27%)
since 05/14/24

More Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Which Version of "Independence Day" Will the Markets Choose Thursday?

There is plenty for the markets to take in this last trading day of the week.

$DXY : 101.03 (-0.36%)
ZCZ26 : 444-4 (+0.51%)
ZWU26 : 603-0 (+0.50%)
ZCU26 : 425-4 (+0.65%)
ZSX26 : 1154-4 (+0.46%)
KEU26 : 636-4 (+0.24%)
Corn Extends Post-USDA Bounce to Wednesday

Corn futures closed Wednesday with contracts up 3 to 8 ¼ cents higher, as the front months were the leaders. The CmdtyView national average Cash Corn price was 7 cents higher at $3.92 1/4. EIA’s weekly...

ZCZ26 : 444-4 (+0.51%)
ZCU26 : 425-4 (+0.65%)
ZCN26 : 424-2 (+0.77%)
ZCPZ26US.CM : 4.0854 (+0.66%)
ZCPAUS.CM : 3.9531 (+0.75%)
Wheat Extends Post-USDA Report Gains to Wednesday’s Close

The wheat complex was higher across the three exchanges on Wednesday. Chicago SRW contracts were 4 to 11 ¼ cents higher on the Wednesday session. KC HRW futures saw 4 ¾ to 12 ¼ cent gains across the...

KEU26 : 636-4 (+0.24%)
KEN26 : 620-6 (-0.40%)
MWN26 : 5.9000s (+2.34%)
ZWN26 : 592-6 (+0.13%)
ZWU26 : 603-0 (+0.50%)
Soybeans See First of the Month Strength on Wednesday

Soybeans posted gains of 3 to 9 ½ cents across most contracts, led by the front months on Wednesday. The cmdtyView national average Cash Bean price was up 15 1/4 cents at $10.85 1/4. Soymeal futures were...

ZSPAUS.CM : 10.8534 (+1.43%)
ZLZ26 : 65.09 (-0.50%)
ZMZ26 : 307.3 (+0.85%)
ZSPX26US.CM : 10.8483 (+0.75%)
ZSX26 : 1154-4 (+0.46%)
ZSN26 : 1132-6 (+0.58%)
ZSQ26 : 1138-6 (+0.49%)
Shootin' the Bull about extent of working capital to manage

Cattle feeders are laden with working capital to manage, whether personal or borrowed.

Fats and Oils

Fats and Oils - 2026-07-01

RSX26 : 734.90 (-0.05%)
KGV26 : 0.7605s (+1.41%)
ZCZ26 : 444-4 (+0.51%)
ZSDAUS-BIW.CM : 4,506,573 (unch)
XSU26 : 3,711s (+0.71%)
CTZ26 : 77.29 (-0.71%)
KOU26 : 4,506s (-1.12%)
XUU26 : 2,978s (+0.91%)
XTU26 : 4,752s (+0.36%)
XVU26 : 2,333s (+0.30%)
XXU26 : 8,442s (+0.42%)
ZSBAUS.CM : -0.4791 (-2.50%)
Grain Crushings

Grain Crushings - 2026-07-01

FLQ26 : 1.88000s (-0.13%)
ZCPAUS.CM : 3.9531 (+0.75%)
ZCYAUS-BIW.CM : 183.74 (unch)
ZCZ26 : 444-4 (+0.51%)
XBX26 : 227.25 (+0.44%)
XEU26 : 68.35 (+0.01%)
XVU26 : 2,333s (+0.30%)
ZCDAUS-BIW.CM : 15,671,136 (unch)
ZCBAUS.CM : -0.3018 (+0.69%)
Corn Extending Gains to Wednesday, Following Post-USDA Report Strength

Corn futures are trading with 4 to 7 cent gains across most contracts on Wednesday. There were 325 deliveries issued against July futures overnight. The CmdtyView national average Cash Corn price is 5...

ZCZ26 : 444-4 (+0.51%)
ZCU26 : 425-4 (+0.65%)
ZCN26 : 424-2 (+0.77%)
ZCPZ26US.CM : 4.0854 (+0.66%)
ZCPAUS.CM : 3.9531 (+0.75%)
Soybeans Holding onto Gains at Midday

Soybeans are showing 4 to 7 cent gains across most contracts on Wednesday, though they have backed off from early double digit gains. There were another 31 delivery notices against July futures overnight....

ZSPAUS.CM : 10.8534 (+1.43%)
ZLZ26 : 65.09 (-0.50%)
ZMZ26 : 307.3 (+0.85%)
ZSPX26US.CM : 10.8483 (+0.75%)
ZSX26 : 1154-4 (+0.46%)
ZSN26 : 1132-6 (+0.58%)
ZSQ26 : 1138-6 (+0.49%)
Wheat Extending Post-USDA Report Gains to Wednesday

The wheat complex is trading with midday gains on Wednesday. Chicago SRW contracts are showing 11 to 12 cent gains on Wednesday. There were 25 deliveries issued against July futures overnight. KC HRW...

KEU26 : 636-4 (+0.24%)
KEN26 : 620-6 (-0.40%)
MWN26 : 5.9000s (+2.34%)
ZWN26 : 592-6 (+0.13%)
ZWU26 : 603-0 (+0.50%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 508-6
2nd Resistance Point 508-6
1st Resistance Point 508-6
Last Price 508-6s
1st Support Level 508-6
2nd Support Level 508-6
3rd Support Level 508-6

See More

52-Week High 771-6
Fibonacci 61.8% 667-4
Fibonacci 50% 635-3
Fibonacci 38.2% 603-2
Last Price 508-6s
52-Week Low 499-0

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.