Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
AED • EUR • GBP • USD IBANs   |   CROSS BORDER FX   |   LOCAL CURRENCIES   |   DIGITAL ASSETS
Wheat

Wheat Bulls Take Money Off the Table Ahead of the Holiday Weekend

The wheat complex is showing money flow come out ahead of the long weekend, the three exchanges facing pressure. Chicago SRW contracts were down 20 to 21 ½ cents on Friday, with December dropping back 50 cents this week.  KC HRW futures were 11 ¾ to 15 cents lower at the close, with December slipping back 42 cents from last Friday’s close. MPLS spring wheat was 19 ½ to 22 cents in the red on Friday, with December down 24 ¼ cents this week. The market will be closed on Monday for Labor Day.

A US envoy is expected to visit Russia over the weekend to discuss options for a peace deal between Russia and Ukraine

Commitment of Traders data showed managed money flipping back to a net long of 14,654 contracts in CBT wheat futures and options the week of September 1, a move of 28,825 contracts. Spec funds were adding to their KC wheat net long by 6,222 contracts to 50,284 contracts. 

Export Sales data from Thursday showed US wheat export commitments for 2026/27 at 8.66 MMT, which was down 31% from the same period last year. That is also 41% of the USDA export projection and lags the 49% 5-year average pace.

Sep 26 CBOT Wheat  closed at $7.16, down 20 cents,

Dec 26 CBOT Wheat  closed at $7.34, down 20 1/4 cents,

Sep 26 KCBT Wheat  closed at $7.86 3/4, down 28 cents,

Dec 26 KCBT Wheat  closed at $8.02 1/4, down 13 1/4 cents,

Sep 26 MIAX Wheat  closed at $7.20, down 39 3/4 cents,

Dec 26 MIAX Wheat  closed at $7.45, down 20 1/2 cents,

Register a Revolut Business Account

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button