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.
Barchart Premier: The most comprehensive method for keeping track of all your investments. 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 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, though they’re likely not so much waking up this morning.  Chicago contracts were up 11 to 19 ¼ cents across the board, with May getting thin and July up just a tick on the week. Kansas City futures were 6 ½ to 14 cents in the green across most contracts, as July was down 4 cents from last Friday. MPLS spring wheat futures were 4 ¾ to 8 ¼ cents higher, as July carried the load on the week, up 11 cents.

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. 

The 7-day QPF from NOAA shows very light precip totals in the western portion of the Plains over the next week. Parts of the eastern Plains are expecting some precip totals, with SRW expecting anywhere from 1 to 3... 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
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 : 450-4 (+0.78%)
ZSK24 : 1214-6 (+1.08%)
ZWK24 : 606-0s (+3.32%)
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 : 374.7 (+0.67%)
ZLN24 : 43.55 (+1.09%)
ZSK24 : 1214-6 (+1.08%)
ZSPAUS.CM : 11.6351 (+0.65%)
ZSN24 : 1222-6 (+0.64%)
ZSX24 : 1205-4 (+0.37%)
ZSPX24US.CM : 11.4371 (+0.40%)
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 : 450-4 (+0.78%)
ZCPAUS.CM : 4.3956 (+0.39%)
ZCN24 : 462-0 (+0.38%)
ZCZ24 : 483-4 (+0.16%)
ZCPZ24US.CM : 4.5346 (+0.17%)
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 : 606-0s (+3.32%)
ZWN24 : 624-0 (+0.24%)
KEK24 : 660-0s (+3.61%)
KEN24 : 645-2 (-0.77%)
MWK24 : 708-2s (unch)
Is Corn Ready for a Seasonal Pre-Summer Rally?

After a brutal price sell-off to start the new year, the corn market appears to have bottomed in March. During this time, managed money traders held their most significant short position since a record...

Fibonacci, It Is In Every Market, New Video

Educational and Actionable information using Fibonacci & W.D. Gann analysis.

ZCK24 : 450-4 (+0.78%)
ZSN24 : 1222-6 (+0.64%)
ZWN24 : 624-0 (+0.24%)
TSLA : 186.72 (+3.05%)
COIN : 231.56 (+3.72%)
HEM24 : 98.625 (-0.33%)
Soybeans and Corn - traders perspective

We post our view about two of the five grains we actively follow

Long Soybean Oil Butterfly Spread and a Long Crude Oil Spread

Technically Soybean Oil looks broken, but several other indicators point to higher prices over the near term.

Wheat Holds Second Key Level, It Looks Like There Is More Upside To Come

Educational and Actionable information using Fibonacci & W.D. Gann analysis.

ZWN24 : 624-0 (+0.24%)
Month-end selling finds support across commodity markets

Fed FOMC holds rates steady again

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