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Austin Schroeder

MYSTERIOUS: Wheat closes mixed on wednesday with spring wheat heading higher | Mind Blowing Facts

Chicago KC HRW MPLS CBOT Wheat KCBT Wheat MIAX Wheat

The wheat complex posted mostly lower trade on Wednesday with the spring wheat contracts holding higher. Chicago SRW contracts were lower on the midweek session with losses of 1 1/2 to 3 1/2 cents. KC HRW futures were down 3/4 to 3 3/4 cents lower on Wednesday. MPLS spring wheat was steady to 4 cents higher at the close.

A Reuters survey of analysts shows expectations of 200,000 to 500,000 MT for 2026/27 MT wheat in the week of 7/23 ahead of the Thursday Export Sales report.

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