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Wheat Closes with Friday Losses

Barchart
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⚡ Quantum Brief
Wheat futures closed mixed on April 10, 2026, with Chicago SRW down 3½ to 6 cents, while Kansas City HRW saw slight gains in May contracts but weekly losses of 25 cents. MPLS spring wheat fell sharply, dropping 3¼ to 6¾ cents Friday and 35¼ cents weekly, reflecting broader market volatility ahead of US-Iran talks. Speculative positions shifted significantly: CBT wheat flipped to a net short of 5,633 contracts, while KC wheat saw a 5,909-contract reduction in net longs. Export sales hit 24.441 MMT, up 13% year-over-year, matching USDA estimates, with shipments at 20.379 MMT—18% above 2025 levels. Crude oil dropped $2.24 as traders reduced risk exposure amid geopolitical uncertainty, further pressuring commodity markets.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Wheat Closes with Friday Losses April 10, 2026 — 08:10 pm EDT Written by Austin Schroeder for Barchart-> The wheat complex is showing mixed trade on Friday. Chicago SRW futures were down 3 ½ to 6 cents higher on the Friday session, with May 27 ¼ cents lower on the week. KC HRW futures were down ¾ to 3 cents on the day, with front month May the lone exception, up ¼ cent. May fell 25 cents on the week. MPLS spring wheat was 3 ¼ to 6 ¾ ents lower on Friday, with May 35 ¼ cents in the red on the week. Crude oil was down $2.24 on the day, as risk was taken off the table ahead of the US/Iran talks this weekend.Commitment of Traders data showed CBT wheat specs flipping back to a net short of 5,633 contracts by a move of 14,274 contracts in the week ending on April 7. In KC wheat, managed money was net long 15,608 contracts, a 5,909 contract reduction on the week. MPLS wheat spec funds extended their record net long by 205 contracts to 20,361 contracts. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Export Sales data from Thursday has export sales commitments at 24.441 MMT, a 13% increase yr/yr. That matches the USDA estimate and is in line with the average sales pace. Shipments are 20.379 MMT as of April 2, 18% above a year ago. That is 83% of the USDA forecast and ahead of the 83% average shipping pace.May 26 CBOT Wheat closed at $5.71, down 3 1/2 cents,Jul 26 CBOT Wheat closed at $5.80 3/4, down 4 1/4 cents,May 26 KCBT Wheat closed at $5.90 3/4, up 1/4 cent,Jul 26 KCBT Wheat closed at $6.05, down 3/4 cent,May 26 MIAX Wheat closed at $6.12 1/2, down 6 3/4 cents,Jul 26 MIAX Wheat closed at $6.27, down 6 3/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions 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. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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