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

Wheat Jul '24 (ZWN24)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CBOT]
[[ 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 ]]

Wheat Futures Market News and Commentary

Wheat Pulling on Thursday

The wheat complex is heading lower at midday. They again quickly faded the early session gains today. Chicago contracts are down 5 to 8 cents across the front months.  Kansas City futures are steady to 5 cents lower. MPLS spring wheat is trading with 3 to 6 cent losses.

The second day of the Kansas HRW Wheat Quality Tour showed an average yield of 42.4 bpa. That is well above the 27.6 from last year and higher than the prior 3-year average of 40.4 bpa. That took the 2-day average to 45.8 bpa, a three year high. The tour also estimated the OK crop at 33.68 bpa, with production totaling 89.27 mbu, vs the 96.2 mbu estimate from USDA last week.

Export Sales data from this morning showed all old crop wheat sales totaling 78,459 MT in the week that ended on May 9, on the high side of what was expected. New crop wheat bookings were tallied at 304,321 MT on the low side of estimates and down 25.04% from the week prior. The Philippines was the top buyer of 122,000 MT, with 50,000... Read more

Contract Specifications

See More
Contract
Chicago Soft 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
CBOT
Point Value
$50
Margin/Maintenance
$2,200/2,000
First Notice Date
06/28/24 (43 days)
Expiration Date
07/12/24 (57 days)

Seasonal Chart

Wheat Jul '24
Average Price Chart for 5 Prior Jul Contracts

Commitment of Traders Positions as of May 7, 2024

View Chart Details
Commercials - Long / Short
135,193 (+2,429)
108,188 (+7,986)
Non-Commercials - Long / Short
122,686 (+1,797)
140,471 (-4,874)
Producers - Long / Short
43,305 (-386)
79,154 (+5,762)
Swap Dealers - Long / Short
70,250 (+546)
7,396 (-45)
Managed Money - Long / Short
79,301 (+805)
123,848 (-4,277)
Other Reportables - Long / Short
43,385 (+992)
16,623 (-597)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
550-0 +20.59%
on 04/18/24
697-0 -4.84%
on 05/15/24
+98-4 (+17.44%)
since 04/16/24
3-Month
537-6 +23.34%
on 03/11/24
697-0 -4.84%
on 05/15/24
+101-4 (+18.07%)
since 02/16/24
52-Week
537-6 +23.34%
on 03/11/24
799-0 -16.99%
on 07/25/23
-31-0 (-4.47%)
since 05/16/23

More Wheat Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Corn Futures Test Significant Support, Will it Hold?

Corn futures have been under pressure for the last three sessions after failing against resistance to start the week. Will support hold into the weekend or will the selling persist?

Wheat Pulling on Thursday

The wheat complex is heading lower at midday. They again quickly faded the early session gains today. Chicago contracts are down 5 to 8 cents across the front months. Kansas City futures are steady to...

ZWN24 : 663-2s (-0.38%)
ZWU24 : 683-4s (-0.36%)
KEN24 : 673-2s (-0.26%)
KEU24 : 687-0s (-0.25%)
MWN24 : 720-6s (-0.86%)
Corn Slips from Higher Early Trade Again on Thursday

Corn futures are hitting the copy/paste button on the Thursday trade, as future are again fading the early session gains. Midday losses are totaling 4 to 7 cents as a planting window is open of areas across...

ZCN24 : 457-0s (-1.19%)
ZCPAUS.CM : 4.3292 (-1.43%)
ZCU24 : 467-6s (-1.16%)
ZCZ24 : 481-6s (-1.08%)
ZCPZ24US.CM : 4.5210 (-1.27%)
Soybeans Sticking Closer to Even Following Lackluster Export Sales Data

Soybeans are slipping lower on Thursday following dull Export Sales data. Contracts are steady to 4 cents lower in the nearbys, with July slightly higher. Soymeal futures are down $1.70 to $2.30/ton. Soy...

ZMN24 : 367.7s (-1.08%)
ZLN24 : 44.52s (+2.23%)
ZSN24 : 1216-2s (+0.23%)
ZSPAUS.CM : 11.5391 (+0.28%)
ZSQ24 : 1216-6s (+0.04%)
ZSX24 : 1199-0s (-0.17%)
ZSPX24US.CM : 11.3721 (-0.18%)
No Bull | The Five Spot

#5 | Big Bushels U.S. corn yields haven't hit/exceeded so-called trend (USDA’s initial print) since 2018 and although 2023 was a record-high yield at 177.3 - it fell well-below the 181.5 trend. In four...

Did yesterday’s selloff change the technical picture for corn?

Corn futures were under pressure the last few days, but was it enough to cause technical damage or is the trend still intact?

Soybeans Slightly Higher to Begin Thursday

Soybeans are posting fractional to 2 cent higher trade on Thursday morning. They slipped into the close, as contracts settled with losses of a penny to 4 ¾ cents after NOPA reported an ugly April crush...

ZMN24 : 367.7s (-1.08%)
ZLN24 : 44.52s (+2.23%)
ZSN24 : 1216-2s (+0.23%)
ZSPAUS.CM : 11.5391 (+0.28%)
ZSQ24 : 1216-6s (+0.04%)
ZSX24 : 1199-0s (-0.17%)
ZSPX24US.CM : 11.3721 (-0.18%)
Wheat Reverting Higher on Thursday Morning

The wheat complex is heading higher across all three exchanges this morning. They quickly faded from the early double digit gains as losses were reported across the three exchanges on Wednesday. Chicago...

ZWN24 : 663-2s (-0.38%)
ZWU24 : 683-4s (-0.36%)
KEN24 : 673-2s (-0.26%)
KEU24 : 687-0s (-0.25%)
MWN24 : 720-6s (-0.86%)
Corn Back to Higher Trade on Thursday AM

Corn is trading 1 to 2 cents higher ahead of this morning’s Export Sales report. Futures faded the early gains on Wednesday, with contracts closing anywhere from 2 1/4 to 5 cents lower after July futures...

ZCN24 : 457-0s (-1.19%)
ZCPAUS.CM : 4.3292 (-1.43%)
ZCU24 : 467-6s (-1.16%)
ZCZ24 : 481-6s (-1.08%)
ZCPZ24US.CM : 4.5210 (-1.27%)
Grain Markets: Will Global Production Issues Continue to Push Wheat Prices Higher?

In my interview today with Michelle Rook on AgWeb's Markets Now I spoke about the recent move higher in wheat, soybean, and corn prices. I also discussed crude oil, interest rates, and the cattle markets....

ZWK24 : 657-0s (-1.98%)
ZSN24 : 1216-2s (+0.23%)
ZCK24 : 453-6s (-1.04%)
LEM24 : 179.025s (+0.43%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 702-3
2nd Resistance Point 691-7
1st Resistance Point 677-5
Last Price 663-2s
1st Support Level 652-7
2nd Support Level 642-3
3rd Support Level 628-1

See More

52-Week High 799-0
Fibonacci 61.8% 699-2
Fibonacci 50% 668-3
Last Price 663-2s
Fibonacci 38.2% 637-4
52-Week Low 537-6

See More

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