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Austin Schroeder

YOU WONT BELIEVE: Wheat rallies on wednesday - What They Never Told You

Chicago SRW KC HRW MPLS KCBT

The wheat complex was in rally mode on Wednesday, with all three exchanges closing higher. Chicago SRW futures were 6 to 8 cents higher on the session. KC HRW futures posted 10 cent front month gains on Wednesday. MPLS spring wheat was up 3 to 4 cents on Wednesday.

Export sales data for the week of January 1 will be released on Thursday morning, as analysts are looking for 200,000 to 500,000 MT for 2025/26 wheat sales. Bookings for 2026/27 are seen 0-100,000 MT.

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