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UNBELIEVABLE: Cbot | History Defined

Wheat prices have been rallying in 2026, as the new crop year is underway. After trading below $5 per bushel in October 2025, the price of CBOT soft red winter wheat futures reached almost $6.90 in May 2026. Wheat remains in a bullish trend in late May 2026.

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Wheat rises as drought knocks US crop rating to 30-year low

Chicago wheat futures saw a rise on Tuesday. This followed a report from the U.S. Department of Agriculture. The report indicated a 30-year low in condition ratings for the nation's drought-affected wheat crop.

The Economic Times

Wheat Rally Pushing Higher on US/China Fact Sheet Trade Numbers

The wheat market is rallying back higher at midday following a White House fact sheet release over the weekend. Chicago SRW futures are 25 to 27 cents higher so far on the day. KC HRW futures are 14 to 15 cents in the green at midday. MPLS spring wheat is...

Barchart

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Wheat Falling at Midday

The wheat complex is facing pressure on Thursday’s midday. Chicago SRW futures are down 18 to 29 cents in the front months. KC HRW futures are leading the charge, with 20 to 22 cent losses. MPLS spring wheat is trading with 17 to 19 cent losses at midday. There were...

Barchart

Wheat Rallying on Tuesday, with Some Limit Gains Following USDA Production Update

The wheat complex is posting strong gains across all three exchanges on Tuesday. Chicago SRW is 32 to 42 cents higher so far on Tuesday. KC HRW futures are up 35 to the 45 cent limit on Tuesday. MPLS spring wheat are rallying 30 to 40 ½ cents across most...

Barchart

Wheat Posting Thursday Losses

The wheat complex is trading with losses on Thursday. Chicago SRW futures are down 6 to 11 ¼ cents across the board on the midweek session. KC HRW futures are leading the way with 20 to 22 cent losses. There were 5 delivery notices against May CBT wheat overnight, with...

Barchart

Wheat Facing Outside Pressure on Wednesday

The wheat complex is holding onto the Wednesday losses at midday. Chicago SRW futures are down 11 to 12 cents on the midweek session. There were another 41 deliveries issued against May futures overnight. KC HRW futures are 4 to 6 cents lower at midday. MPLS spring wheat is trading...

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Wheat Posting Tuesday Losses

The wheat complex is trading with losses across three markets. Chicago SRW futures are down 11 to 14 ¾ cents at midday. KC HRW futures are 7 to 9 cents in the red on Tuesday. There were 39 deliveries noted for May KC wheat overnight. MPLS spring wheat are 5...

Barchart

Wheat Trading Mixed on Monday

The wheat complex is trading with mixed action on Monday, with hard red contracts lower. Chicago SRW futures are up fractionally to 5 cents on Monday. There were 138 delivery notices for May CBT wheat on Friday night. KC HRW futures are down 1 to 2 cents on Monday. May...

Barchart

Wheat Rally Extending to Fresh Highs on Tuesday

The wheat complex is trading with contracts double digits higher across the three exchanges. Chicago SRW futures are 20 to 23 cents higher so far on Tuesday. KC HRW futures are up 20 to 25 ½ cents in the nearbys. MPLS spring wheat is showing 13 to 15 cent gains...

Barchart

Wheat Posting Monday Gains

The wheat complex is showing midday gains on Monday. Chicago SRW futures are 12 to 13 cents higher on the day. KC HRW futures are 6 to 9 ¼ cents in the green at midday. MPLS spring wheat are up 2 to 3 cents in the front months on Monday....

Barchart

Wheat Slipping Back to Begin Friday Trade

Wheat is starting Friday with slight weakness across the three markets. The wheat complex was in rally mode on Thursday. KC HRW futures led the wheat rally, with gains of 10 ½ to 29 ¼ cents, led by the front months. Modest new buying interest was noted, with open interest...

Barchart

Wheat Rallying on Thursday

The wheat complex is rallying on Thursday across the three markets. Chicago SRW futures were up 5 to 8 cents in the front months. KC HRW futures are in rally mode, up 18 cents in the nearbys. MPLS spring wheat are 5 to 7 cents higher on the day. Weekly...

Barchart

Wheat Slips Lower into the Close

The wheat complex was lower across the three markets in the midweek session. Chicago SRW futures closed the Wednesday session with contracts down 2 to 5 ¾ cents. KC HRW futures were down 4 to 5 ¾ on the day. MPLS spring wheat posted losses of ¼ to 2 ¼...

Barchart

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Barchart

Wheat Showing Marginal Gains at Midday

The wheat complex are trading with contracts higher across the three exchanges on Wednesday. Chicago SRW futures are trading with 1 to 2 cent gains on the midweek session. KC HRW futures are up 2 to 3 cents on Wednesday. MPLS spring wheat is trading with 1 to 2 cent...

Barchart

Wheat Back to Stronger Trade on Tuesday

The wheat complex is trading with gains across the three markets on Tuesday. Chicago SRW futures are 4 to 5 cents in the green so far on the session. KC HRW futures are trading 6 to 7 cent gains on Tuesday. MPLS spring wheat is up 7 to 9 cents...

Barchart

Wheat Pulls Back to Close Mixed on Monday

The wheat complex was mixed across the three exchanges on Monday with HRW weakness. Chicago SRW futures were up 3 ¾ to 7 ¼ cents across the board. KC HRW futures were 1 1/2 to 2 1/2 cents lower on Monday. MPLS spring wheat was steady to 4 cents higher....

Barchart

Wheat Posting Monday Gains

The wheat complex is trading with midday gains across the three exchanges. Chicago SRW futures are up 10 to 12 cents across most contracts. KC HRW futures are 6 to 7 cents higher so far on Monday. MPLS spring wheat is up 3 to 4 cents at midday. Monday morning’s...

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Barchart

Wheat Closes Mixed on Friday

The wheat complex closed with winter wheat weakness, with spring wheat higher on Friday. Chicago SRW futures were steady in some deferreds to 7 1/4 cents lower in the front months, as May was still up 20 ¼ cents this week. KC HRW futures were 1 ½ to 6 cents...

Barchart

Wheat Rally Nearing March Highs at Midday

The wheat complex is trading with gains across most contracts so far on the Thursday session. Chicago SRW futures are 5 to 6 cents higher so far. KC HRW futures is leading the bull’s charge, up 16 o 18 cents in the front months. MPLS spring wheat is up 10...

Barchart

Wheat Holding Firm on Wednesday

The wheat complex is reverting from early weakness to post marginal midday gains. Chicago SRW futures are fractionally to 2 cents higher. KC HRW futures is showing 1 to 3 cent gains at midday. MPLS spring wheat is fractionally higher. The next 7 days are expected to remain dry from...

Barchart

Wheat Rally Extending to Tuesday

The wheat complex is showing gains across most contract son Tuesday, with the three exchanges higher. Chicago SRW futures are 5 to 6 on the day. KC HRW futures are 16 to 17 cents in the green on the day. MPLS spring wheat are up 10 to 11 cents on...

Barchart

Wheat Mixed at Midday

The wheat complex is showing mixed trade on Friday. Chicago SRW futures are slipping 1 to 2 cents at midday. KC HRW futures are showing 1 to 3 cent gains in the nearby contracts. MPLS spring wheat is down 6 to 7 cents in the front months on Friday Export...

Barchart

Wheat Falling After USDA Adds Bushels to the Balance Sheet

The wheat complex is slipping on Thursday, following an increased stocks number from USDA on Thursday. Chicago SRW futures are 9 to 11 cents in the red on Thursday. KC HRW futures are 9 to 11 cents lower so far on the session. MPLS spring wheat is down 6 to...

Barchart

Wheat Collapsing on Wednesday

The wheat complex is falling on Wednesday with weakness spilling over from the crude oil. Chicago SRW futures is down 18 to 19 cents on the day. KC HRW futures are showing 14 to 15 cent losses at midday. MPLS spring wheat is 15 to 17 cents lower. Crude oil...

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