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Barchart
Barchart
Austin Schroeder

Wheat Bulls Can’t Shake Off Wednesday Weakness

The wheat complex fell lower on the Wednesday session. CBT soft red wheat futures saw losses of 6 to 9 cents. The CBOT showed 34 deliveries issued for September wheat overnight.  KC HRW futures were fractionally to a penny lower in the front months. There were another 18 deliveries issued against September KC wheat. MPLS spring wheat was down 5 to 7 cents across most nearby contracts at the close.  

The weekly Crop Progress report indicated 72% of the spring wheat crop was harvested by Sunday, 1 percentage point above normal. Winter wheat harvest was removed this week, with the crop’s planting progress for the 2026 crop expected next week. 

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