The wheat market is showing losses across the winter wheats at midday, with spring wheat slightly higher. Chicago SRW futures are 1 to 2 cents lower at midday. KC HRW futures are down 4 to 5 cents on Tuesday. MPLS spring wheat is fractionally higher so far.
SovEcon estimates the Russian wheat exports for 2025/26 at 44.6 MMT, a 0.4 MMT increase from their prior number. Overnight, Russian drones hit 2 vessels entering Ukrainian ports to be loaded with wheat, according to the Ukrainian Navy.
Mar 26 CBOT Wheat is at $5.11 1/2, down 1 1/2 cents,
May 26 CBOT Wheat is at $5.22 3/4, down 2 cents,
Mar 26 KCBT Wheat is at $5.23 1/4, down 4 cents,
May 26 KCBT Wheat is at $5.36 1/4, down 4 cents,
Mar 26 MIAX Wheat is at $5.80, up 3/4 cent,
May 26 MIAX Wheat is at $5.90 1/2, up 3/4 cent,
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