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.
or
Menu

Spring Wheat Mar '18 (MWH18)

Get Real-Time Futures
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [MGEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
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

Wheat Market News and Commentary

Wheat futures continue to see selling pressure, down 4 to 6 cents in the winter wheat contracts this morning, with MPLS steady to a penny lower. They posted sharp 11 to 17 1/2 cent losses in most contracts, with MPLS back months 4 to 9 1/2 cents lower. All wheat export shipments in the week that ended on February 14 totaled 357,131 MT. That was down 36.54% from the week prior and 15.82% lower than the same week in 2018. ABARES pegged the 18/19 Australian wheat crop at 17.3 MMT on Monday, down 3.94 MMT from the previous year. Egypt’s GASC set a wheat buying tender for April 5-15 delivery. Results are expected later today. Paris milling wheat futures continued their sell off on Tuesday, seeking to fend off those pesky Russian and optional origin export sales. Russian wheat prices have dropped about $6.00/MT from recent highs. --provided by Brugler Marketing & Management

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) CST
Exchange
MGEX
Point Value
$50
Margin/Maintenance
$1,560/1,200
First Notice Date
02/28/18
Expiration Date
03/14/18 (expired)

Seasonal Chart

Spring Wheat Mar '18
Average Price Chart for 5 Prior Mar Contracts

Commitment of Traders Positions as of Jan 29, 2019

View Chart Details
Commercials - Long / Short
35,422 (+798)
25,505 (+894)
Non-Commercials - Long / Short
10,346 (+4)
20,002 (-30)
Producers - Long / Short
32,331 (+228)
25,505 (+894)
Swap Dealers - Long / Short
3,091 (+570)
0 (unch)
Managed Money - Long / Short
4,633 (-178)
14,153 (-642)
Other Reportables - Long / Short
5,713 (+182)
5,849 (+612)
Get Realtime - Quotes and Charts for Futures Traders. Learn More

Price Performance

See More
Period Period Low Period High Performance
1-Month
592-4 +5.19%
on 02/26/18
636-0 -2.00%
on 03/14/18
+23-0 (+3.83%)
since 02/14/18
3-Month
592-4 +5.19%
on 02/26/18
636-0 -2.00%
on 03/14/18
+6-2 (+1.01%)
since 12/14/17
52-Week
555-0 +12.30%
on 04/11/17
816-0 -23.62%
on 07/05/17
+55-2 (+9.73%)
since 03/14/17

More Spring Wheat Quotes

All Futures
Please wait...

Most Recent Stories

More News
Morning Grain Market Research

By: Dan Hueber It seemed that it was a long time coming, but the grain and soy markets took a dive yesterday, reaching down to the lowest levels traded for the calendar year. We often talk about witnessing...

Are We Done Yet?

Beating Wheat Down

More Corn Sales to China. The Corn & Ethanol Report 02/20/19

Talks with China are going well and Corn sales have been the centerpiece of Trump’s trade war after Beijing slapped tariffs on U.S. Agriculture products. [...]

Daily Grain Technicals & Fundamentals

Grains continue to slide, is there a bottom in sight?

Grains red in risk-off trading

Wheat leads the way lower as U.S. trade demand suffers.

Wheat Market News and Commentary

Wheat futures continue to see selling pressure, down 4 to 6 cents in the winter wheat contracts this morning, with MPLS steady to a penny lower. They posted sharp 11 to 17 1/2 cent losses in most contracts,...

Soybean Market News and Commentary

Soybean futures are mostly 3 to 4 cents lower this morning. They ended Tuesday with most contracts 5-6 cents off their lows, but still down 6 to 7 cents on the day. Meal futures were down $1.10/ton in...

Corn Market News and Commentary

Corn futures are trading 1 to 2 1/4 cents higher at the moment. They closed the Tuesday session with most contracts 2 to 5 cents lower, with selling pressure coming from wheat. The weekly Export Inspections...

Capitulation

New Selling

Headline Watching Continues

Headline Watching Continues

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 40% Buy with a Weakening short term outlook on maintaining the current direction.

Longer term, the trend strength is Average. Long term indicators mostly agree with the trend.

The market is approaching overbought territory. Be watchful of a trend reversal.

See More Share

Key Turning Points

2nd Resistance Point 640-2
1st Resistance Point 631-6
Last Price 623-2s
1st Support Level 619-0
2nd Support Level 614-6

See More

52-Week High 816-0
Fibonacci 61.8% 716-2
Fibonacci 50% 685-4
Fibonacci 38.2% 654-6
Last Price 623-2s
52-Week Low 555-0

See More

InsideFutures Commentary

InsideFutures 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.

Add Data Columns to this Table
Learn about our Custom Views
Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Read About Upcoming
Changes to This Feature
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar