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Wheat Mixed at Midday

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⚡ Quantum Brief
Wheat futures showed mixed midday trading on January 20, 2025, with Chicago SRW slightly higher while Kansas City HRW saw fractional losses. Minneapolis spring wheat edged up marginally. March 2025 CBOT wheat rose to $5.38 (up ½ cent), while May 2025 contracts reached $5.50¼ (up ¾ cent). Kansas City contracts dipped, with March at $5.47½ (down ¾ cent) and May at $5.57½ (down 1 cent). Weekly USDA export sales totaled 513,424 metric tons for January 9, bringing the marketing year’s total to 17.705 MMT—77% of USDA’s forecast, trailing the 85% historical average pace. Markets and government offices closed January 21 for Martin Luther King Jr. Day, resuming normal operations January 22. No major disruptions were reported. Analysts noted sluggish export demand and upcoming USDA crop reports as key factors influencing wheat price volatility in early 2025.
Wheat Mixed at Midday

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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 Mixed at Midday January 20, 2025 — 05:18 am EST Written by Austin Schroeder for Barchart-> The wheat market is mixed at Friday’s midday. The Chicago SRW market is fractionally higher so far on the day. KC HRW is trading with fractional to 1 cent losses at midday. MPLS spring wheat futures are fractionally higher on Friday.The markets and government will be closed on Monday due to Martin Luther King Jr Day, with a normal schedule for Tuesday. The weekly Export Sales report from Thursday morning showed wheat sales in the week of January 9 at 513,424 MT. That brought the marketing year total of sales and shipments to 17.705 MMT, 77% of USDA’s projection and lagging the 85% average sales pace.Mar 25 CBOT Wheat is at $5.38, up 1/2 cent,May 25 CBOT Wheat is at $5.50 1/4, up 3/4 cent,Mar 25 KCBT Wheat is at $5.47 1/2, down 3/4 cent,May 25 KCBT Wheat is at $5.57 1/2, down 1 cent,Mar 25 MGEX Wheat is at $5.82 1/4, up 3/4 cent,May 25 MGEX Wheat is at $5.92 1/4, up 3/4 cent, 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 The USDA’s Big Surprise: How Crop Reductions Will Likely Impact Grain Prices Grains and Oilseeds in Q4 and 2024- Where are they Heading in 2025? New Year, New Challenges: Taking A Look At What's Impacting Grain Prices Is Cotton Going Higher in 2025? 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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