Wheat Backing of on Thursday’s Midday

Austin Schroeder Barchart Thu Jan 2, 12:10PM CST
Raw wheat berries by Klaus Beyer via Pixabay

The wheat market is trading with contracts in the red so far on Thursday. Chicago SRW futures are down 3 to 5 cents across the nearbys at midday. KC HRW contracts are down 5 to 7 cents in the front months so far on the Thursday session. MPLS spring wheat futures are trading with 4 to 6 cent losses on the day.

The weekly Export Sales report will be published on Friday morning, as the trade is estimating between 200,000 and 500,000 MT in 2024/25 wheat sales during the Christmas week of 12/26. Sales for 2025/26 are expected to total 0 to 75,000 MT.

Mar 25 CBOT Wheat  is at $5.47, down 4 1/2 cents,

May 25 CBOT Wheat  is at $5.58 3/4, down 3 3/4 cents,

Mar 25 KCBT Wheat  is at $5.53, down 6 1/4 cents,

May 25 KCBT Wheat  is at $5.62 1/4, down 5 1/2 cents,

Mar 25 MGEX Wheat  is at $5.90, down 5 3/4 cents,

May 25 MGEX Wheat  is at $5.98 3/4, down 4 3/4 cents,


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.