Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Investment Tools And Research To Help Make You A More Confident And Profitable Trader. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or
Hard Red Wheat Jul '23 (KEN23)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [KCBT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Hard Red Wheat Futures Market News and Commentary

Midweek Losses for Wheat Market

Front month wheat futures fell double digits on Wednesday. For SRW, that left the market 2% to 2.6% lower as July got back near the $6 mark. KC Wheat futures ended the session 18 1/2 to 29 1/4 cents in the red with a 3.5% loss in July. Spring wheat closed with 17 1/4 to 22 3/4 cent losses of as much as 2.8%.  

Ahead of the weekly FAS data, analysts are looking for USDA to report between 75k MT of old crop wheat cancelations and 100k MT of net new old crop sales. New crop export sales are estimated between 200k MT and 500k MT for the week that ended 5/18. 

Ukraine’s Ag Ministry reported the season’s grain export was 4.6% behind last year’s pace with 44.6 MMT shipped – including 15.3 MMT of wheat, an 18% decrease yr/yr. 

 

Jul 23 CBOT Wheat  closed at $6.06 1/4, down 16 cents,

Sep 23 CBOT Wheat  closed at $6.19, down 15 1/2 cents,

Cash SRW Wheat  was $5.45 1/4, down 16 cents,

Jul 23 KCBT Wheat  closed at $8.12 1/4, down 29 1/4 cents,

Cas... Read more

Contract Specifications

See More
Contract
KC Hard Red Winter Wheat
Contract Size
5,000 bushels
Tick Size
1/4 cent per bushel ($12.50 per contract)
Trading Hours
7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST
Exchange
KCBT
Point Value
$50
Margin/Maintenance
$3,080/2,800
First Notice Date
06/30/23 (36 days)
Expiration Date
07/14/23 (50 days)

Commitment of Traders Positions as of May 16, 2023

View Chart Details
Commercials - Long / Short
73,617 (-6,009)
78,882 (+1,040)
Non-Commercials - Long / Short
50,031 (-428)
40,733 (-7,804)
Producers - Long / Short
29,585 (-4,793)
64,720 (+1,984)
Swap Dealers - Long / Short
37,070 (+375)
7,200 (+647)
Managed Money - Long / Short
41,508 (+1,192)
26,379 (-8,025)
Other Reportables - Long / Short
8,523 (-1,620)
14,354 (+221)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
736-2 +9.64%
on 05/02/23
918-6 -12.14%
on 05/17/23
+4-2 (+0.53%)
since 04/25/23
3-Month
736-2 +9.64%
on 05/02/23
918-6 -12.14%
on 05/17/23
-20-6 (-2.51%)
since 02/24/23
52-Week
736-2 +9.64%
on 05/02/23
1163-6 -30.63%
on 05/27/22
-333-4 (-29.24%)
since 05/25/22

More Hard Red Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
6-10 Day Weather Outlook Update

Above normal temperatures persist, which may be welcomed by some up North. While those in Iowa, Illinois, and Indiana could use some precipitation to go along with it.

Easing of the Texas Drought for Cotton Farmers & Minor Dryness for Midwest Grains

In Jim's video, the focus is not only on cotton and the grains but also connects more of the El Niño dots

KEN23 : 807-2 (-0.62%)
ZWN23 : 605-0 (-0.21%)
ZCZ23 : 519-4 (unch)
ZSX23 : 1180-4 (-0.38%)
CTZ23 : 79.95 (-0.41%)
WEAT : 6.13 (-2.54%)
SOYB : 24.83 (-0.32%)
CORN : 23.03 (+0.13%)
BAL : 58.76 (-2.45%)
Midweek Losses for Wheat Market

Front month wheat futures fell double digits on Wednesday. For SRW, that left the market 2% to 2.6% lower as July got back near the $6 mark. KC Wheat futures ended the session 18 1/2 to 29 1/4 cents in...

ZWN23 : 605-0 (-0.21%)
ZWU23 : 617-4 (-0.24%)
ZWPAES.CM : 5.4521 (-2.86%)
KEN23 : 807-2 (-0.62%)
KEPAWS.CM : 7.7856 (-3.95%)
MWN23 : 798-0 (-0.13%)
July Soybeans Close in the Black

Soybean futures were mostly lower, but July ended the midweek 2 cents in the black. July futures saw a 21 3/4 cent range on Wednesday from -6 1/2 to +15 1/4. The other nearby futures were 2 to 3 cents...

ZSN23 : 1322-4 (-0.15%)
ZSPAUS.CM : 13.0254 (-0.17%)
ZSQ23 : 1254-6 (-0.32%)
ZSU23 : 1191-4 (-0.33%)
Corn Gains on Mostly Red Grains Day

Corn and oats futures stood out as several of the ag futures fell on Wednesday. The front month corn futures were off their highs by as much as 7 cents, but were still 2 to 9 3/4 cents higher at the close....

ZON23 : 339-0 (+2.81%)
ZCN23 : 588-0 (unch)
ZCPAUS.CM : 6.1966 (+1.67%)
ZCU23 : 514-2 (-0.19%)
ZCZ23 : 519-4 (unch)
Grains - Closing Prices and Market Recap (corn, soybeans, and wheat)

It was a bit of a mixed bag in today's grain trade, with corn higher, beans little changed, and wheat under pressure.

Petco vs. Chewy: Which Is the Worse Stock to Buy?

Petco Health and Wellness reported Q1 2023 earnings on Wednesday. Its stock got hit hard, but so too did Chewy. While Petco took the bigger hit, neither is a slam dunk in the future. 

WOOF : 8.33 (-18.17%)
CHWY : 31.58 (-1.44%)
WOOF : 8.33 (-18.17%)
Shootin' the Bull about beef movement over the holiday

A soft start ended on a firm note this afternoon.  Packers bid higher to acquire cattle.  The upcoming three day weekend will be interesting to see what movement of beef is. June was able to make a...

Grain Spread: July23/Sep23 Corn

Funds Buy the Dips on Calendar Spreads

Wednesday Wheats Dropping Double Digits

Wheat futures are fading their early week strength with double digit losses through midday. Chicago prices are 2.2% to 2.7% weaker with a 16 1/4 cent loss in July. KC wheat futures are down by as much...

ZWN23 : 605-0 (-0.21%)
ZWU23 : 617-4 (-0.24%)
ZWPAES.CM : 5.4521 (-2.86%)
KEN23 : 807-2 (-0.62%)
KEPAWS.CM : 7.7856 (-3.95%)
MWN23 : 798-0 (-0.13%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 872-3
2nd Resistance Point 858-5
1st Resistance Point 835-3
Last Price 807-2
1st Support Level 798-3
2nd Support Level 784-5
3rd Support Level 761-3

See More

52-Week High 1163-6
Fibonacci 61.8% 1000-4
Fibonacci 50% 950-0
Fibonacci 38.2% 899-4
Last Price 807-2
52-Week Low 736-2

See More

by Barchart
Solutions for Grain Market Professionals barchart.com/cmdty
Commodity Price Reports
Get Free Access!
cmdtyView for Ag marketers and merchandisers
Start Free Trial
We help Agribusinesses make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar