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Wheat Posts Losses Tuesday

Barchart
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⚡ Quantum Brief
Wheat futures plummeted across all three major exchanges on March 10, 2026, with Chicago SRW dropping 12–13 cents, KC HRW losing 11 cents, and MPLS spring wheat falling 11–12 cents. Crude oil tumbled $8.38 amid Strait of Hormuz tensions, though prices rebounded $8 after reports of Iranian mine placements disrupted shipping routes. USDA’s WASDE report left U.S. wheat stocks unchanged at 931 million bushels but cut global ending stocks by 0.55 MMT to 276.96 MMT, citing reduced Argentine and Russian exports. Kansas crop reports showed worsening winter wheat conditions, slipping 2 points to 56% good/excellent, with the Brugler500 index dropping 5 points week-over-week. EU soft wheat exports rose to 16.5 MMT (up 1.4 MMT YoY), while Algeria bought 200,000 MT, signaling steady demand despite price declines.
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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 Posts Losses Tuesday March 10, 2026 — 08:44 pm EDT Written by Austin Schroeder for Barchart-> The wheat complex saw double digit losses across the three exchanges. Chicago SRW futures were 12 to 13 cents lower on Tuesday. KC HRW futures posted 11 cent losses across the nearbys. MPLS spring wheat closed with 11 to 12 cent losses on Tuesday. Crude oil was down $8.38 on the day as the US began escorting vessels through the Strait of Hormuz, though they did bounce $8 off the low on reports that Iran was placing mines in the waterway.USDA WASDE data from this morning showed no changes to the US balance sheet, as US stocks were left at 931 mbu. The US cash average price was raise by a nickel to $4.95. World ending stocks saw a 0.55 MMT cut to 276.96 MMT, as Argentina stocks were down 1 MMT on a higher export number. Russian exports were trimmed by 0.5 MMT, as well as a 1 MMT cut to EU exports (shifted to 1 MMT increase in feed). Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. The state Crop Progress report from Kanas showed winter wheat conditions slipping another 2 percentage points to 56% gd/ex, with a Brugler500 index a 348, down 5 points from last week.EU soft wheat exports were tallied at 16.5 MMT according to the European Commission from July 1 to March 8, up 1.4 MMT from the same period last year. Algeria purchased an estimated 200,000 MT of wheat on Tuesday.Mar 26 CBOT Wheat closed at $5.84 3/4, down 13 1/4 cents,May 26 CBOT Wheat closed at $5.91, down 12 1/4 cents,Mar 26 KCBT Wheat closed at $5.96 3/4, down 11 cents,May 26 KCBT Wheat closed at $6.08 3/4, down 11 cents,Mar 26 MIAX Wheat closed at $6.22 1/4, down 12 1/4 cents,May 26 MIAX Wheat closed at $6.35, down 11 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 Looking for the Next Silver Rally?

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