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Wheat Closes with Friday Losses

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⚡ Quantum Brief
Wheat futures closed mixed on April 13, 2026, with Chicago SRW down 3½ to 6 cents, KC HRW mostly lower except May contracts, and MPLS spring wheat dropping 3¼ to 6¾ cents. Crude oil surged $7.71 after US-Iran talks collapsed, prompting a US blockade of the Strait of Hormuz to disrupt Iranian oil exports. Speculators flipped to a net short in CBT wheat (5,633 contracts), while KC wheat saw reduced long positions (15,608 contracts) and MPLS hit a record net long (20,361 contracts). Export sales rose 13% year-over-year to 24.441 MMT, matching USDA estimates, with shipments up 18% at 20.379 MMT, exceeding the average pace. Open interest declined across all wheat contracts: Chicago (-3,105), KC (-3,077), and MPLS, signaling reduced market participation.
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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 13, 2026 — 11:35 am EDT Written by Austin Schroeder for Barchart-> Wheat is trading with contracts rallying double digits in the winter wheat contracts and MPLS following along. 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. Open interest was down 3,105 contracts on Friday. 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. OI was down 3,077 contracts on Friday. 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 is back up $7.71 this morning, as risk is being put back in the market following the breakdown of US/Iran negotiations this weekend. The US is now expected to have their own blockade of the Strait of Hormuz starting this morning to try and cut off the flow of oil out of Iran. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. 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.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, currently up 11 1/2 centsJul 26 CBOT Wheat closed at $5.80 3/4, down 4 1/4 cents, currently up 11 3/4 centsMay 26 KCBT Wheat closed at $5.90 3/4, up 1/4 cent, currently up 14 centsJul 26 KCBT Wheat closed at $6.05, down 3/4 cent, currently up 14 1/4 centsMay 26 MIAX Wheat closed at $6.12 1/2, down 6 3/4 cents, currently up 8 1/2 centsJul 26 MIAX Wheat closed at $6.27, down 6 3/4 cents, currently up 7 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. More news from Barchart How Much Higher Can Soybean Meal Prices Go Here?

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