The wheat complex faded lower on Wednesday, with buyers failing to hold midday gains. Chicago SRW contracts were steady to 2 cents lower. KC HRW futures were 3 ¼ to 5 ½ cents in the red at the close. MPLS spring wheat was down 2 ½ to 6 cents on the session. 

The weekly Export Sales report will be published on Thursday, with a Reuters surgery of analysts looking for between 300,000 and 650,000 MT in 2026/27 sales. Sales for 2026/27 are seen at 0-50,000 MT.

Census export data from this morning showed a total of 1.546 MMT of wheat exports in September, down 14.83% from last month and less than half of the same month last year.

Dec 26 CBOT Wheat  closed at $5.98 1/2, down 1 1/4 cents,

Mar 27 CBOT Wheat  closed at $6.09 1/2, down 1 1/4 cents,

Dec 26 KCBT Wheat  closed at $6.32 3/4, down 3 1/2 cents,

Mar 27 KCBT Wheat  closed at $6.39 3/4, down 4 3/4 cents,

Dec 26 MIAX Wheat  closed at $6.17 3/4, down 2 3/4 cents,

Mar 27 MIAX Wheat  closed at $6.33, down 2 1/2 cents,

On the date of publication, Austin Schroeder did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.