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Wheat Sees Tuesday Strength

Barchart
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⚡ Quantum Brief
Wheat futures rose across all three major U.S. markets on March 24, 2026, with Chicago SRW up 2–3 cents, KC HRW gaining up to 2¾ cents, and MPLS spring wheat climbing 3¼–4¼ cents. Dry conditions in the Plains and HRW regions threaten crops already under stress, while parts of the Eastern Corn Belt may see rain, offering limited relief for SRW wheat areas. Global wheat exports surged, with EU shipments hitting 17.14 MMT (up from 16.13 MMT last year) and Russia’s exports revised upward to 46.5 MMT, per SovEcon estimates. Algeria issued a wheat tender with offers due March 26, signaling strong demand amid tightening global supplies and geopolitical uncertainties. Crude oil edged up 26 cents on reports of a potential one-month Middle East ceasefire, though late-session pressure capped gains, reflecting broader commodity market volatility.
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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 Sees Tuesday Strength March 24, 2026 — 08:22 pm EDT Written by Austin Schroeder for Barchart-> The wheat complex was higher across the three markets on Tuesday. Chicago SRW futures were up 2 to 3 cents to close out the day. KC HRW futures were fractionally to 2 ¾ cents higher on the session. MPLS spring wheat was 3 ¼ to 4 ¼ cents higher. Crude oil finished the day with late pressure to close up just 26 cents, as reports surfaced of a potential 1 month ceasefire on the Middle East conflict. The next week looks on the drier side for much of the Plains and HRW country, which is not beneficial to the crop with ratings already spilling. A few spots in SRW country are looking at a wetter pattern in parts of the Eastern Corn Belt. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. European Commission data showed 17.14 MMT in wheat exports from July 1 to March 22, up from the 16.13 MMT in the same period last year. SovEcon estimates the Russian wheat exports at 46.5 MMT for the current marketing year, up 1.1 MMT from the previous number. Algeria has issued a tender for wheat, with offers due on Thursday.May 26 CBOT Wheat closed at $5.90, up 2 1/4 cents,Jul 26 CBOT Wheat closed at $6.02, up 2 cents,May 26 KCBT Wheat closed at $6.04, up 3/4 cent,Jul 26 KCBT Wheat closed at $6.19 3/4, up 1 1/2 cents,May 26 MIAX Wheat closed at $6.31 1/4, up 4 1/4 cents,Jul 26 MIAX Wheat closed at $6.45 1/4, up 3 3/4 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. 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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