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.
Attend LIVE "Market on Close" program each Friday with John Rowland. FREE 30 Day Trial

Stocks | Futures | Watchlist | More
or

Wheat Mar '23 (ZWH23)

[[ 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 ]]

Wheat Futures Market News and Commentary

Wheat Markets Close off Highs

Wheat futures rallied on the USDA reports, but faded into the close on profit taking. December Chicago SRW futures were up as much as 49 1/2 cents, but ultimately closed 25 1/4 cents higher. The other front months went home 10 1/2 to 25 1/4 cents higher on the day. KC HRW futures were 4 1/4 to 24 3/4 cents in the black on Friday. Spring wheat futures closed up by 8 to 16 cents. 

The weekly Commitment of Traders report from CFTC showed Chicago wheat spec traders were 1,306 contracts less net short through the week that ended 9/27. That came via 13.5k fewer contracts in play as the short covering offset the long liquidation. Managed money funds were closing shorts in KC wheat as well, for a 4,846 contract stronger net long of 23,905 contracts on 9/27. The report also showed short covering from MGE wheat specs, causing a 1,867 contract stronger net long of 4,236. 

NASS data showed wheat stocks were 1.776 bbu for Sep 1. That was within the range of estimates but under the av... 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
$3,630/3,300
First Notice Date
02/28/23 (149 days)
Expiration Date
03/14/23 (163 days)

Seasonal Chart

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

Commitment of Traders Positions as of Sep 27, 2022

View Chart Details
Commercials - Long / Short
118,360 (+5,305)
113,685 (+10,612)
Non-Commercials - Long / Short
87,885 (-759)
85,150 (-7,523)
Producers - Long / Short
35,959 (+4,580)
87,508 (+5,816)
Swap Dealers - Long / Short
72,038 (-1,851)
15,814 (+2,220)
Managed Money - Long / Short
57,398 (-5,294)
73,755 (-7,076)
Other Reportables - Long / Short
30,487 (+4,535)
11,395 (-447)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
817-6 +15.04%
on 09/06/22
954-0 -1.39%
on 09/30/22
+113-4 (+13.72%)
since 09/02/22
3-Month
760-2 +23.74%
on 08/18/22
966-0 -2.61%
on 07/11/22
+65-2 (+7.45%)
since 07/01/22
52-Week
731-0 +28.69%
on 10/13/21
1273-2 -26.11%
on 05/17/22
+192-2 (+25.68%)
since 10/01/21

More Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
DCE Soy Meal 4171.00 target hit

The market held above 3930.00 and they did go for new highs and hit the 4171.00 major Gann square target on Friday.

Annexure, global liquidity and tighter grain stocks

Currency, Commodity, Equity volatility

After Ian > > > How Farmers and Agribusinesses are Using our CLIMATE - PREDICT Analytic Tool-set to Forecast Grain & Coffee Markets

Video: Jim Roemer's report, not from the "eye" of the hurricane, but actually on the nose !!! (as he often calls the shots in commodity weather... he's done it again).

Shootin' the Bull

In my opinion, a great deal has taken place this week.  Manipulation is running rampant in 2 super power countries and 1 not as super power.  The US continues to manipulate rates in an attempt to quell...

Wheat Markets Close off Highs

Wheat futures rallied on the USDA reports, but faded into the close on profit taking. December Chicago SRW futures were up as much as 49 1/2 cents, but ultimately closed 25 1/4 cents higher. The other...

ZWZ22 : 930-4 (+0.98%)
ZWH23 : 940-6 (+0.94%)
ZWPAES.CM : 8.5389 (+3.35%)
KEZ22 : 999-4 (+0.81%)
KEPAWS.CM : 9.4716 (+2.44%)
MWZ22 : 986-6 (+0.48%)
Soybeans Back Below $14/bu

The soybean futures market spent the afternoon in retreat after the NASS data was released. Futures ended the day with 25 1/2 to 46 cent losses across the front months. The market still holds a carry to...

ZSX22 : 1369-4 (+0.35%)
ZSPAUS.CM : 13.1536 (-3.40%)
ZSF23 : 1380-6 (+0.38%)
ZSH23 : 1389-0 (+0.42%)
Corn Fades into Close but Still Gains for Friday

Corn prices rallied out of the report, taking March and May futures above the $7/bu mark. Profit taking pulled things back down some for net gains of 5 3/4 to 8 cents on the day in old crop. Ethanol cash...

ZCZ22 : 685-2 (+1.14%)
ZCPAUS.CM : 6.6102 (-0.37%)
ZCH23 : 692-0 (+1.17%)
ZCK23 : 692-2 (+1.13%)
TFM Closing Commentary 09-30-2022

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/...

Grain Spreads: King Corn

Deferred Corn hits 7.00, Then Pulls Back, Beans Weigh

Agricultural Prices

Agricultural Prices - 2022-09-30

ZSX22 : 1369-4 (+0.35%)
ZSPAUS.CM : 13.1536 (-3.40%)
ZSBAUS.CM : -0.4938 (-0.61%)
ZSDAUS-BIW.CM : 4,721,766 (+2.09%)
ZSYAUS-BIW.CM : 52.80 (+0.57%)
XSX22 : 5,429s (+1.61%)
XTX22 : 6,052s (+0.03%)
ZCZ22 : 685-2 (+1.14%)
ZCPAUS.CM : 6.6102 (-0.37%)
ZCBAUS.CM : -0.1648 (-174.67%)
XVF23 : 2,771s (+0.18%)
XEX22 : 89.71 (-0.06%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 1004-5
2nd Resistance Point 979-3
1st Resistance Point 955-5
Last Price 940-6
1st Support Level 906-5
2nd Support Level 881-3
3rd Support Level 857-5

See More

52-Week High 1273-2
Fibonacci 61.8% 1066-1
Fibonacci 50% 1002-1
Last Price 940-6
Fibonacci 38.2% 938-1
52-Week Low 731-0

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