BAL 
$61.00  0.29%  
CANE 
$13.54  0.14%  
JO 
$54.00  1.22%  
NIB 
$36.29  1.65%  
IEF 
$93.60  0.32%  
^UGA-IV 
$65.52  0.93%  
UNG 
$16.62  12.53%  
USO 
$73.20  1.08%  
FXA 
$64.87  0.03%  
FXB 
$121.58  0.08%  
FXC 
$72.41  0.10%  
FXE 
$99.94  0.09%  
FXF 
$101.17  0.21%  
FXY 
$61.67  0.13%  
UUP 
$28.02  0.11%  
CORN 
$19.25  1.64%  
SOYB 
$24.41  1.51%  
WEAT 
$5.37  0.19%  
JJC 
$19.56  1.24%  
GLD 
$187.48  0.01%  
PF-BRANDING-WHITE-HORIZONTAL

Today’s Wheat Market News, Prices, & Futures

Wheat

Trading Wheat Futures

Wheat futures are traded in 5,000 bu contracts. There are three subcategories of wheat that are traded:

  • Chicago SRW Wheat — primarily grown in the eastern agricultural belt in the U.S.
  • KC HRW Wheat — primarily grown from Texas to South Dakota in the Plains states
  • Minneapolis MWE Wheat — primarily grown from South Dakota and north into Canada

Wheat futures offer producers and end users a safe way to hedge production and consumption. Find the wheat futures price updates and charts you need to stay ahead in the futures markets below.

If trading wheat futures is a fit for you, get started on opening your account today.

Supply:

Total global production of Wheat is estimated at 781.7 MMT. China is the largest producer of Wheat with an estimated production of 138 MMT, followed by the European Union at 134.75 MMT, India at 103 MMT, Russia at 91 MMT, and the U.S. at 44.9 MMT.

80% of China’s Wheat production is in the East Central part of the country, being in the Northern Hemisphere their Spring Wheat crop is planted in March/April, and harvested in August/September. Their Winter Wheat crop is planted in September/October and harvested in May/June.

Demand:

The total global demand for Wheat is estimated at 790.1 MMT. China is the world’s largest consumer of Wheat with an estimated usage of 144 MMT. The second largest consumer is the European Union at 108.7 MMT, followed by India at 104.5 MMT,

Ending Stocks:

World ending stocks for Wheat are estimated at 267.5 MMT. The largest ending stocks are held in China at an estimated 144 MMT. The second largest ending stocks are held in the U.S. at an estimated 15.6 MMT, Followed by Russia at 15.38 MMT.

Paradigm Futures is your source for today’s wheat market news, prices, and futures. Subscribe to our newsletter for free market updates, or get even more in depth news weekly with our premium e-newsletter.

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WASDE

May WASDE

Ending Stocks Corn💠2,222 MMT (est 2105M; prev 1342M) Soybeans💠335 MMT (est 292M; prev 210M) Wheat 💠556 MMT (est 608M; prev 598M) CORN USDA has released

Read More »
Grain Export

USDA Grain Export Sales

Corn Rebounds, Soybeans and Wheat Drop. Corn💠257,279 MT Soybeans💠62,170 MT Wheat 💠26,263 MT The risk of loss in trading futures and/or options is substantial and

Read More »
Crop Progress

Crop Planting Progress

Corn Nears Halfway point, Soybeans keep pace, Spring wheat slows, Winter Wheat sees worst week in a decade. Corn💠49% Planted  Soybeans💠35% Planted Spring Wheat 💠24%

Read More »
Crop

Corn Goes Negative Hits a MY Low

Corn💠-315,639 MT Soybeans💠289,730 MTWheat 💠211,053 MT Net sales reductions of 315,600 MT for 2022/2023–a marketing-year low–were down noticeably from the previous week and from the prior

Read More »
March Wasde

April WASDE Report

USDA WASDE Leaves Corn, Soybeans Unchanged. Wheat Ending Stocks Rose as Expected. Corn💠295.4 MMT Soybeans💠100.3 MMT Wheat 💠265.1 MMT CORN-The USDA did not make many

Read More »

Chicago Wheat

Exchange: Chicago Board of Trade

Exchange Symbol: ZW

Tick Size: ¼ cent per bushel ($12.50 per contract)

Contract Size: 5000 bushels

Months: Mar, May, Jul, Sept, Dec (H,K,N,U,Z)

Trading Hours: 7:00 p.m. – 7:45 a.m. (night) 8:30 am – 1:20 pm (1:15pm Settle) Sun-Fri CST

Margin/Maintenance: $3,630/3,300

Hard Red Wheat

Exchange: Kansas City Board of Trade

Exchange Symbol: KE

Tick Size: ¼ cent per bushel ($12.50 per contract)

Contract Size: 5000 bushels

Months: Mar, May, Jul, Sept, Dec (H,K,N,U,Z)

Trading Hours: 7:00 p.m. – 7:45 a.m. (night) 8:30 am – 1:20 pm (1:15pm Settle) Sun-Fri CST

Margin/Maintenance: $3,740/3,400

Spring Wheat

Exchange: Minneapolis Grain Exchange

Exchange Symbol: MWE

Tick Size: ¼ cent per bushel ($12.50 per contract)

Contract Size: 5000 bushels

Months: Mar, May, Jul, Sept, Dec (H,K,N,U,Z)

Trading Hours: 7:00 p.m. – 7:45 a.m. (night) 8:30 am – 1:30 pm (1:30pm Settle) Sun-Fri CST

Margin/Maintenance: $3,960/3,600

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