[[ 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 Jul '23 (ZWN23)

[[ 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 Falls into the End of the Month

The wheat complex fell double digits across most contracts on Friday. Crude Oil was a pressure factor, down $1.14/bbl, money was flowing out ahead of the weekend, with the President looking over the proposed agreement between the US and Iran. Chicago SRW futures were down 10 to 13 cents in most contracts, with July down 35 ¾ cents this week. KC HRW futures were 12 to 15 1/2 cents in the red, as July fell 32 ¾ cents on the week. MPLS spring wheat is down 12 to 13 1/2 cents on the session, with July falling 25 ¾ cents since last Friday

USDA released Export Sales data this morning, showing a total of 807,348 MT in net cancellations for old crop, a MY low. Some of that was likely rolled to 2026/27, as Japan saw net reductions of 171,600 MT, with 108,500 MT cancelled for Panama and 103,300 MT cancelled for Mexico.  New crop business was tallied at 1.058 MMT, a MY high and 48.66% above the same week last year. Japan was the top buyer of 252,100 MT, with 166,900 MT purchased by the P... 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
06/30/23
Expiration Date
07/14/23 (expired)

Seasonal Chart

Wheat Jul '23
Average Price Chart for 5 Prior Jul Contracts

Commitment of Traders Positions as of May 26, 2026

View Chart Details
Commercials - Long / Short
162,357 (+5,124)
154,827 (-4,398)
Non-Commercials - Long / Short
144,186 (+919)
153,644 (+10,640)
Producers - Long / Short
49,540 (+3,888)
125,222 (-254)
Swap Dealers - Long / Short
103,807 (+677)
20,595 (-4,703)
Managed Money - Long / Short
105,626 (-4,236)
121,780 (+8,829)
Other Reportables - Long / Short
38,560 (+5,155)
31,864 (+1,811)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
614-2 +4.44%
on 07/13/23
756-6 -15.23%
on 06/26/23
+11-2 (+1.79%)
since 06/14/23
3-Month
573-2 +11.91%
on 05/31/23
756-6 -15.23%
on 06/26/23
-51-0 (-7.36%)
since 04/14/23
52-Week
573-2 +11.91%
on 05/31/23
949-4 -32.44%
on 10/10/22
-184-0 (-22.29%)
since 07/14/22

More Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Month End Liquidation Drive Cattle Markets Lower

Cattle markets trade down to low end of recent trading range

Corn Faces Month End and Outside Pressure on Friday

Corn futures posted 2 to 9 cent losses across the board on Friday with money coming out at month-end. July fell 16 ½ cents this week. Crude Oil was a pressure factor, down $1.14/bbl, money was flowing...

ZCZ26 : 475-0s (-1.50%)
ZCU26 : 455-6s (-1.83%)
ZCN26 : 446-6s (-1.97%)
ZCPZ26US.CM : 4.3673 (-1.78%)
ZCPAUS.CM : 4.0748 (-2.29%)
Soybeans Slip Lower into Month End

Soybeans saw fractional losses in some deferreds, with nearbys down 7 ¾ cents on Friday. July was down 9 ¾ cents this week. The cmdtyView national average Cash Bean price was down 9 1/4 cents at $11.25...

ZSPAUS.CM : 11.2489 (-0.81%)
ZLN26 : 77.72s (+1.33%)
ZMN26 : 329.8s (-1.29%)
ZSPX26US.CM : 11.2248 (-0.45%)
ZSX26 : 1190-0s (-0.34%)
ZSN26 : 1186-6s (-0.65%)
ZSQ26 : 1190-2s (-0.48%)
Wheat Falls into the End of the Month

The wheat complex fell double digits across most contracts on Friday. Crude Oil was a pressure factor, down $1.14/bbl, money was flowing out ahead of the weekend, with the President looking over the proposed...

KEU26 : 661-4s (-2.25%)
KEN26 : 649-6s (-2.33%)
MWN26 : 6.6375s (-1.99%)
ZWN26 : 610-4s (-2.16%)
ZWU26 : 623-4s (-2.12%)
Agricultural Prices

Agricultural Prices - 2026-05-29

KGN26 : 0.7615s (-0.81%)
ZSN26 : 1186-6s (-0.65%)
KIF27 : 330.00 (+1.54%)
XBQ26 : 227.00s (-0.11%)
KOQ26 : 4,535s (-0.04%)
SWQ26 : 438.20s (+2.94%)
ZSBAUS.CM : -0.6185 (-2.43%)
ZON26 : 358-6s (-3.30%)
BJN26 : 1.6210s (-0.06%)
ZMN26 : 329.8s (-1.29%)
MLU26 : 207.50s (-1.31%)
ZCN26 : 446-6s (-1.97%)
Corn Falling on Friday

Corn futures are trading with 7 to 9 cent losses at Friday’s midday. Crude Oil is the pressure factor, down $2.08/bbl, money is flowing out ahead of the weekend, with the President looking over the proposed...

ZCZ26 : 475-0s (-1.50%)
ZCU26 : 455-6s (-1.83%)
ZCN26 : 446-6s (-1.97%)
ZCPZ26US.CM : 4.3673 (-1.78%)
ZCPAUS.CM : 4.0748 (-2.29%)
Soybean Fading Lower on Friday

Soybeans are trading with 5 to 10 cent losses on the final trade session of May as the nearbys fail to breach $12. The cmdtyView national average Cash Bean price is up 9 1/2 cents at $11.25 3/4. Soymeal...

ZSPAUS.CM : 11.2489 (-0.81%)
ZLN26 : 77.72s (+1.33%)
ZMN26 : 329.8s (-1.29%)
ZSPX26US.CM : 11.2248 (-0.45%)
ZSX26 : 1190-0s (-0.34%)
ZSN26 : 1186-6s (-0.65%)
ZSQ26 : 1190-2s (-0.48%)
Wheat Facing Pressure on Friday

The wheat complex is down double digits across most contracts on Friday. Crude Oil is the pressure factor, down $2.08/bbl, money is flowing out ahead of the weekend, with the President looking over the...

KEU26 : 661-4s (-2.25%)
KEN26 : 649-6s (-2.33%)
MWN26 : 6.6375s (-1.99%)
ZWN26 : 610-4s (-2.16%)
ZWU26 : 623-4s (-2.12%)
The Godzilla El Niño: Potential Commodity Winners & Losers

Jim's video covers the whole gamut

ZSN26 : 1186-6s (-0.65%)
DBA : 27.25 (-1.20%)
SOYB : 25.15 (-0.28%)
SBN26 : 14.06s (+0.93%)
CORN : 17.93 (-1.54%)
ZWN26 : 610-4s (-2.16%)
WEAT : 23.38 (-1.89%)
ZCN26 : 446-6s (-1.97%)
KCN26 : 265.60s (-3.15%)
CANE : 9.56 (+0.95%)
CCN26 : 3,923s (-4.29%)
TAGS : 24.66 (-0.74%)
Can Wheat Continue to Rally?

Wheat prices have been rallying in 2026, as the new crop year is underway. After trading below $5 per bushel in October 2025, the price of CBOT soft red winter wheat futures reached almost $6.90 in May...

ZWN26 : 610-4s (-2.16%)
WEAT : 23.38 (-1.89%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 641-4
2nd Resistance Point 641-4
1st Resistance Point 641-4
Last Price 641-4s
1st Support Level 641-4
2nd Support Level 641-4
3rd Support Level 641-4

See More

52-Week High 949-4
Fibonacci 61.8% 805-6
Fibonacci 50% 761-3
Fibonacci 38.2% 717-0
Last Price 641-4s
52-Week Low 573-2

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.