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Wheat Falling Back on Friday AM Trade

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⚡ Quantum Brief
Wheat futures declined across all three major exchanges Friday morning after gains on Thursday, with Chicago SRW, KC HRW, and MPLS spring wheat contracts all trading lower in early sessions. Export sales for old-crop wheat dropped 58% week-over-week to 189,887 MT, though remained above last year’s levels, led by Mexico (153,100 MT) and the Philippines (47,600 MT). New-crop wheat sales surged to 212,059 MT, exceeding expectations (0-50,000 MT), with the Philippines as the top buyer (100,000 MT), despite a 57% year-over-year decline. FranceAgriMer reported 84% of French wheat crops in good/excellent condition, unchanged from last week, while the International Grains Council raised 2025/26 global production estimates to 845 MMT. Projected 2026/27 wheat production is forecast to fall 23 MMT year-over-year to 822 MMT, with demand rising 6 MMT and ending stocks dropping 6 MMT to 276 MMT.
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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 Falling Back on Friday AM Trade March 20, 2026 — 02:16 pm EDT Written by Austin Schroeder for Barchart-> Wheat is lower across the three exchanges on Friday. The wheat complex saw some late strength on Thursday to close higher across the three markets. Chicago SRW futures 3 1/2 to 5 3/4 cents higher on Thursday. Open interest was up 2,505 contracts. KC HRW futures ended the day with contracts mostly a penny to 2 ¼ cents higher. OI was up 2,168 contracts. MPLS spring wheat was 4 ½ to 6 ½ cents in the green at the close. Export Sales data from this morning showed 189,887 MT of old crop wheat sold in the week ending on March 12. That was a 58.31% drop from last week but week above last year’s net reductions for this week. Mexico was the top buyer of 153,100 MT, with 47,600 MT sold to the Philippines, and 33,500 MT to the Dominican Republic. New crop business was tallied at 212,059 MT, exceeding trade ideas of 0-50,000 MT. That was still 56.82% below last year. The Philippines was the largest purchaser at 100,000 MT, with 54,700 MT sold to Mexico. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. FranceAgriMer estimates the country’s wheat crop at 84% good/excellent, steady with last week, as durum was also steady at 81%.

International Grains Council data showed 2025/26 world wheat production at 845 MMT, up 3 MMT from last month, as use was raised by 2 MMT to 825 MMT. Old crop stocks are seen at 283 MMT, up 1 MMT month/month. The new crop balance sheet shows production dropping 23 MMT yr/yr to 822 MMT, with demand up 6 MMT, and stocks trimmed by 6 MMT to 276 MMT.May 26 CBOT Wheat closed at $6.08, up 3 3/4 cents, currently down 9 centsJul 26 CBOT Wheat closed at $6.19 1/2, up 4 cents, currently down 9 1/2 centsMay 26 KCBT Wheat closed at $6.27 1/4, up 1 1/4 cents, currently down 11 1/2 centsJul 26 KCBT Wheat closed at $6.42 1/4, up 1 3/4 cents, currently down 11 3/4 centsMay 26 MIAX Wheat closed at $6.44 3/4, up 6 1/2 cents, currently down 6 1/4 centsJul 26 MIAX Wheat closed at $6.58 1/2, up 6 1/4 cents, currently down 6 1/2 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 Grain Prices Are Trending Higher: What Bulls Should Watch This Week Looking for the Next Silver Rally?

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Surging Winter Wheat Prices Are Lifting Grain Futures Across the Board. What to Watch Next. 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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