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.
Join Barchart Premier to get Screeners that run automatically with the results emailed to you! FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or

Wheat May '23 (ZWK23)

[[ 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 Reversing Overnight Action to Post Strong Monday Gains

Futures are shrugging off the overnight losses of double digits, as the gains are in the double digit range at midday. Chicago contracts are up 20 to 24 points on the day. Kansas City futures are up 20 to 23 cents across most contracts. MPLS is being pulled up, with 10 to 12 cent gains. 

There were 102 contracts issued against May CBT wheat overnight. The oldest long is dated May 1.  There have still been zero delivieries against May KC wheat. 

Wheat shipments during the week that ended on May 2 totaled 321,124 MT. That was a sharp drop of 36.13% from the previous week but an increase of 48.64% from the same week last year. The Philippines was the top destination of 128,609 MT, as 110,005 MT was headed to Mexico. Year to date shipments as we head into the last month MY are 17.26 MMT, a decline of 6.54% from the same point last year.  

Crop Progress data released this afternoon is expected to show winter wheat condition ratings even with a week ago at 49% gd/ex. The... 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
$2,200/2,000
First Notice Date
04/28/23
Expiration Date
05/12/23 (expired)

Seasonal Chart

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

Commitment of Traders Positions as of Apr 30, 2024

View Chart Details
Commercials - Long / Short
132,764 (-2,675)
100,202 (+10,002)
Non-Commercials - Long / Short
120,889 (-2,808)
145,345 (-21,743)
Producers - Long / Short
43,691 (+1,192)
73,392 (+10,539)
Swap Dealers - Long / Short
69,704 (-3,389)
7,441 (-59)
Managed Money - Long / Short
78,496 (-588)
128,125 (-26,501)
Other Reportables - Long / Short
42,393 (-2,220)
17,220 (+4,758)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
595-4 +4.87%
on 05/02/23
707-0 -11.67%
on 04/18/23
-55-0 (-8.09%)
since 04/12/23
3-Month
595-4 +4.87%
on 05/02/23
807-4 -22.66%
on 02/14/23
-171-2 (-21.52%)
since 02/10/23
52-Week
595-4 +4.87%
on 05/02/23
1242-6 -49.75%
on 05/17/22
-545-2 (-46.61%)
since 05/12/22

More Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Crop Progress

Crop Progress - 2024-05-06

ZSN24 : 1248-6s (+2.78%)
ZSPAUS.CM : 11.8810 (+2.78%)
ZSBAUS.CM : -0.6064 (-2.73%)
ZSDAUS-BIW.CM : 4,506,573 (unch)
ZSYAUS-BIW.CM : 52.03 (unch)
XSU24 : 4,044s (+2.41%)
XTN24 : 4,679s (+0.39%)
ZCN24 : 469-0s (+1.90%)
ZCPAUS.CM : 4.4585 (+1.83%)
ZCBAUS.CM : -0.2314 (-3.26%)
XVN24 : 2,400s (+0.59%)
XEU24 : 61.78 (+0.47%)
Shootin' the Bull about feeder cattle too high

The feeder cattle index is void of computer generated algorithms or "spoofing" that can impact the decision making factors of a trader.  Only cattle feeders have any need at all to buy feeder cattle. ...

What Friday's USDA New Crop Update Means For Grain Prices

Taking a look at what the initial USDA figures will say and what they mean for price.

Soybeans Leading the Rally on Monday

Soybeans are posting 16 to 30 cent gains across the front months on Monday. Soymeal is continuing last week’s rally, up $10.40/ton at midday. Soy Oil is also heading higher to start the week, with gains...

ZMN24 : 387.6s (+4.14%)
ZLN24 : 43.84s (+1.76%)
ZSK24 : 1234-6s (+2.75%)
ZSPAUS.CM : 11.8810 (+2.78%)
ZSN24 : 1248-6s (+2.78%)
ZSX24 : 1219-6s (+1.56%)
ZSPX24US.CM : 11.5791 (+1.64%)
Wheat Reversing Overnight Action to Post Strong Monday Gains

Futures are shrugging off the overnight losses of double digits, as the gains are in the double digit range at midday. Chicago contracts are up 20 to 24 points on the day. Kansas City futures are up 20...

ZWK24 : 632-2s (+4.33%)
ZWN24 : 648-6s (+4.22%)
KEK24 : 685-0s (+3.79%)
KEN24 : 675-2s (+3.84%)
MWK24 : 708-2s (unch)
Corn Bouncing During Monday Session

Corn futures are trading with strength on Monday’s midday, as contracts are up 4 to 7 cents across most months to start the week and erase overnight weakness. Export Inspections data from this morning...

ZCK24 : 457-0s (+2.24%)
ZCPAUS.CM : 4.4585 (+1.83%)
ZCN24 : 469-0s (+1.90%)
ZCZ24 : 488-4s (+1.19%)
ZCPZ24US.CM : 4.5895 (+1.39%)
Grain Markets: What's Causing Corn, Soybean, and Wheat Prices to Move Higher?

On Saturday I joined Mike Pearson from Farm Progress on This Week in Agribusiness. We discussed the recent rally in corn, soybean, and wheat prices.

ZCK24 : 457-0s (+2.24%)
ZSK24 : 1234-6s (+2.75%)
ZWK24 : 632-2s (+4.33%)
Soybeans Pulling Back on Monday Morning

Soybeans are trading 3 to 5 cents lower in early Monday jockeying. Beans futures were up anywhere from 7 to 16 cents at the Friday close. The weekly gains totaled 37 ¾ cents for July and 26 ¼ cents for...

ZMN24 : 387.6s (+4.14%)
ZLN24 : 43.84s (+1.76%)
ZSK24 : 1234-6s (+2.75%)
ZSPAUS.CM : 11.8810 (+2.78%)
ZSN24 : 1248-6s (+2.78%)
ZSX24 : 1219-6s (+1.56%)
ZSPX24US.CM : 11.5791 (+1.64%)
Corn Weaker to Start New Week

Sunday night market action was weaker, with futures here on Monday morning down 2 to 3 cents Corn futures closed ½ to 3 ¼ cents higher on Friday, except that in delivery May was down a nickel. July...

ZCK24 : 457-0s (+2.24%)
ZCPAUS.CM : 4.4585 (+1.83%)
ZCN24 : 469-0s (+1.90%)
ZCZ24 : 488-4s (+1.19%)
ZCPZ24US.CM : 4.5895 (+1.39%)
Wheat Falls Out of the Gates

Futures are heading lower this Monday morning, with the hard rec contracts leading the way with double digit losses. Wheat bulls were feeling better heading into the weekend, as Friday prices were higher,...

ZWK24 : 632-2s (+4.33%)
ZWN24 : 648-6s (+4.22%)
KEK24 : 685-0s (+3.79%)
KEN24 : 675-2s (+3.84%)
MWK24 : 708-2s (unch)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 624-4
2nd Resistance Point 624-4
1st Resistance Point 624-4
Last Price 624-4s
1st Support Level 624-4
2nd Support Level 624-4
3rd Support Level 624-4

See More

52-Week High 1242-6
Fibonacci 61.8% 995-4
Fibonacci 50% 919-1
Fibonacci 38.2% 842-6
Last Price 624-4s
52-Week Low 595-4

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.

Free Barchart Webinar