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Barchart
Barchart
Austin Schroeder

Wheat Falls into Tuesday’s Close

Chicago SRW KC HRW MPLS CBOT KCBT MIAX

The wheat market closed with losses across all three exchanges on Tuesday. Chicago SRW futures were 2 to 3 cents lower at the close. KC HRW futures were down 5 to 6 cents on Tuesday. MPLS spring wheat was fractionally lower on the day. The market will be closed on Thursday for New Years Day, with a hard open at 8:30 am CST on Friday. 

SovEcon estimates the Russian wheat exports for 2025/26 at 44.6 MMT, a 0.4 MMT increase from their prior number. Overnight, Russian drones hit 2 vessels entering Ukrainian ports to be loaded with wheat, according to the Ukrainian Navy.

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