The wheat complex is showing weakness on Thursday across the three markets. Chicago SRW futures are posting losses of 8 to 9 cents across the front months on Thursday. KC HRW futures are 12 to 13 cents lower on the session. MPLS spring wheat is showing 9 to 10 cent losses on the day. 

Peace talks with Russia and Ukraine continued on Thursday, putting some pressure on the market.

Export Sales data will be pushed back to Friday due to the Wednesday Veterans Day federal holiday. A survey of traders by Reuters is looking for a range of 350,000 to 650,000 MT in 2026/27 wheat bookings during the week of November 5. New crop business is seen in a range of 0-50,000 MT.

Dec 26 CBOT Wheat  is at $5.91 1/4, down 8 1/4 cents,

Mar 27 CBOT Wheat  is at $6.05 1/2, down 8 3/4 cents,

Dec 26 KCBT Wheat  is at $6.27 1/2, down 12 cents,

Mar 27 KCBT Wheat  is at $6.37 1/4, down 12 1/4 cents,

Dec 26 MIAX Wheat  is at $6.26, down 9 1/2 cents,

Mar 27 MIAX Wheat  is at $6.40 1/4, down 9 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.