Back to News
investment

Wheat Closes with Higher Trade on Wednesday

Barchart
Loading...
3 min read
0 likes
⚡ Quantum Brief
Wheat futures rose across major U.S. exchanges on March 11, 2026, with Chicago SRW up 3–4 cents, Kansas City HRW gaining 4–5 cents, and Minneapolis spring wheat climbing 3 cents in front-month contracts. South Korea and Taiwan boosted U.S. wheat demand, purchasing 32,000 MT and 105,020 MT respectively in overnight tenders, signaling strong international interest. Weather forecasts predict drier conditions in the Southern Plains over the next week, while the eastern U.S. and Soft Red Winter wheat regions expect wetter patterns, potentially impacting planting and yields. France’s soft wheat stocks rose to 3.39 MMT, a 340,000 MT increase, according to FranceAgrimer, reflecting higher supply ahead of Thursday’s U.S. export sales report, estimated at 200,000–450,000 MT for old crop. Closing prices hit $5.88–$6.38 per bushel across contracts, with May deliveries trading higher than March, suggesting bullish near-term market sentiment.
AI Audio Summary
0:00 / 0:00
Click to play
f7e9219d-7515-46fb-86c9-f4778fc4627f.jpeg
Quantum News · Media Library

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 Higher Trade on Wednesday March 11, 2026 — 08:20 pm EDT Written by Austin Schroeder for Barchart-> The wheat complex saw higher trade on Wednesday. Chicago SRW futures were 3 to 4 cents in the green on Wednesday. KC HRW futures were up 4 to 5 cents in the front months. MPLS spring wheat was up 3 cents in the front months on Wednesday.The next 7 days look on the drier side for much of the Southern Plains, with the eastern half of the country and SRW area looking wetter. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.

Weekly Export Sales data will be out on Thursday, as traders are looking for between 200,000 and 450,000 MT in old crop wheat sales. New crop is estimated at 0-60,000 MT.A South Korean tender saw 32,000 MT of wheat purchased from the US overnight. Taiwan issued a tender for 105,020 MT of US wheat overnight. FranceAgrimer estimates from Wednesday morning showed French soft wheat stocks at 3.39 MMT, up 340,000 MT from the previous number.Mar 26 CBOT Wheat closed at $5.88 1/2, up 3 3/4 cents,May 26 CBOT Wheat closed at $5.94 3/4, up 3 3/4 cents,Mar 26 KCBT Wheat closed at $6.01 1/2, up 4 3/4 cents,May 26 KCBT Wheat closed at $6.13 1/2, up 4 3/4 cents,Mar 26 MIAX Wheat closed at $6.25 1/4, up 3 cents,May 26 MIAX Wheat closed at $6.38, up 3 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 Is Cotton Preparing to Take Off on the Upside?

Market Top Alert: Did Soybean Oil Prices Just Hit Their Peak? Corn, Soybeans, and Wheat May Be the ‘Next Silver’ for Traders How Much Higher Can Corn Prices Go in March 2026? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Barchart With headquarters in the heart of Chicago's financial district, Barchart has been an industry-leader since 1995 when we launched Barchart.com as one of the first websites for commodities and futures market data. Since then, we have evolved into a global financial technology leader providing market data and services to the global financial, media, and commodity industries. More articles by this source-> More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

Read Original

Source Information

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.