The wheat market is mixed at midday, with contracts holding higher in the soft red contracts. CBT soft red wheat futures are 1 to 3 cents in the green at midday. KC HRW futures are down fractionally to 2 cents on Tuesday. MPLS spring wheat futures are steady to fractionally lower at midday.
SovEcon estimates the Russian wheat crop at 87.8 MMT for 2025/26. EU wheat exports have totaled 8.03 MMT from July 1 to November 2 according to European Commission data, now down 0.29 MMT from the same period last year.
Dec 25 CBOT Wheat is at $5.46 1/4, up 2 3/4 cents,
Mar 26 CBOT Wheat is at $5.59 1/4, up 1 3/4 cents,
Dec 25 KCBT Wheat is at $5.31 1/4, down 1/2 cent,
Mar 26 KCBT Wheat is at $5.45, down 1 1/2 cents,
Dec 25 MGEX Wheat is at $5.58 1/2, unch,
Mar 26 MGEX Wheat is at $5.77 1/4, down 1/4 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.
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