Wheat Trade Looks to Thursday Trade

Austin Schroeder Barchart Thu Dec 26, 7:31AM CST
Single stalk of wheat on white background by texturis via iStock

The wheat market posted weaker action across the three exchanges on Tuesday, leading into Christmas. Chicago SRW futures were down 3 ¾ to 5 ¾ cents on the session. KC HRW contracts fell 6 ¼ to 7 ¼ cents lower across the board. MPLS spring wheat futures were 5 to 6 cents in the red on the day. The markets will have hard open at 8:30 am CST on this morning to resume trading.

Precipitation is expected to make its way to eastern portions of the Plains this next week with the westerns half expected to remain dry. Portions of the SRW regions are forecast to receive 1-2 inches of precip.

Algeria purchased an 630,000 MT of wheat in a tender on Tuesday. Russia’s IKAR estimates the country’s wheat exports for 2025/26 to fall to 41 MMT, with expectations of the county’s market share to drop from 25% to 20%.

Mar 25 CBOT Wheat  closed at $5.34 3/4, down 5 3/4 cents,

May 25 CBOT Wheat  closed at $5.45 1/4, down 5 3/4 cents,

Mar 25 KCBT Wheat  closed at $5.43 3/4, down 7 1/4 cents,

May 25 KCBT Wheat  closed at $5.51 3/4, down 7 1/4 cents,

Mar 25 MGEX Wheat  closed at $5.89 1/2, down 6 cent,

May 25 MGEX Wheat  closed at $5.97 3/4, down 5 3/4 cent,


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions 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.