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Wheat Slips Lower into the Close

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⚡ Quantum Brief
Wheat futures declined across all three major U.S. markets on April 22, 2026, with Chicago SRW dropping 5¾ cents, Kansas City HRW falling 5¾ cents, and Minneapolis spring wheat losing up to 2¼ cents. NOAA’s 7-day forecast predicts minimal precipitation in western Kansas and Texas, while eastern regions expect 1–2 inches, potentially impacting wheat-growing conditions. Russia’s 2026 wheat crop is now estimated at 89.7 MMT, up 2.1 MMT from prior forecasts due to favorable weather, per SovEcon. EU soft wheat exports reached 19.01 MMT from July 2025–April 2026, surpassing last year’s volume by 1.39 MMT, according to the European Commission. U.S. weekly export sales data, due April 23, projects old-crop wheat at 0–250,000 MT and new-crop sales at 100,000–300,000 MT for the week of April 16.
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Wheat Slips Lower into the Close

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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 Slips Lower into the Close April 22, 2026 — 08:25 pm EDT Written by Austin Schroeder for Barchart-> The wheat complex was lower across the three markets in the midweek session. Chicago SRW futures closed the Wednesday session with contracts down 2 to 5 ¾ cents. KC HRW futures were down 4 to 5 ¾ on the day. MPLS spring wheat posted losses of ¼ to 2 ¼ cents at the closing bell. The 7-day forecast from NOAA shows the western half of KS through the panhandle of TX with little to no precip. Areas further east is looking at 1 to 2 inches of precip. 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, with old crop wheat seen in a range of 0 to 250,000 MT for the week of April 16. New crop sales are seen in a range of 100,000 to 300,000 MT. SovEcon estimates the Russian wheat crop at 89.7 MMT, a 2.1 MMT increase from their previous number, citing favorable weather. EU soft wheat exports are seen at 19.01 MMT from July 1 to April 19 according to the EU commission, which was 1.39 MMT above the same period last year.May 26 CBOT Wheat closed at $5.99 1/4, down 5 3/4 cents,Jul 26 CBOT Wheat closed at $6.07, down 5 3/4 cents,May 26 KCBT Wheat closed at $6.37 3/4, down 5 3/4 cents,Jul 26 KCBT Wheat closed at $6.50, down 5 3/4 cents,May 26 MIAX Wheat closed at $6.65 1/4, down 1/4 cent,Jul 26 MIAX Wheat closed at $6.81, down 2 1/4 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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