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Austin Schroeder

Wheat Rallying on Wednesday

Chicago KC MPLS CBOT Wheat KCBT Wheat MIAX Wheat

The wheat complex is trading with double digit gains across the three markets at midday. Chicago SRW contracts are 15 cents higher in the front months. KC HRW futures are 14 to 15 ½ cents higher. MPLS spring wheat is up 12 to 13 cents at midday. The market will round out the week on Thursday, with Friday off in observance of Juneteenth.

Export Sales data will be updated on Thursday, with traders looking for between 250,000 and 450,000 MT in 2026/27sales.

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