Wheat Gains Holding as Export Business Improves

The wheat complex is posting gains across the three markets on Thursday. Chicago SRW contracts are up 1 to 2 cents at midday. KC HRW futures are trading with 3 to 4 1/4 cent gains in the day. MPLS spring wheat is 3 to 5 cents higher on the day. 

The weekly Export Sales report from this morning pegged 2026/27 wheat sales at 538,028 MT, which was on the higher side of the Reuters survey of analysts looking for between 300,000 and 650,000 MT. That was down from last week’s marketing year high, but was still the second largest total for this MY and 6.45% above the same week last year. Sales for 2026/27 were tallied at 19,200 MT, in the middle of the at 0-50,000 MT estimates.

Dec 26 CBOT Wheat  is at $6.00, up 1 1/2 cents,

Mar 27 CBOT Wheat  is at $6.11 1/2, up 2 cents,

Dec 26 KCBT Wheat  is at $6.36 1/4, up 3 1/2 cents,

Mar 27 KCBT Wheat  is at $6.44, up 4 1/4 cents,

Dec 26 MIAX Wheat  is at $6.20 1/2, up 3 3/4 cents,

Mar 27 MIAX Wheat  is at $6.37 3/4, up 4 3/4 cents,

On the date of publication, Austin Schroeder did not directly have a position 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.