CBOT wheat rebounds after nearing five-year low
May 14 (Reuters) - Chicago Board of Trade wheat futures recovered on Wednesday after the most-active contract Wv1 fell on Tuesday to its lowest level in nearly five years.
Short-covering lifted prices, traders said, after all soft red wheat contracts hit lifetime lows during the previous session.
A weekly U.S. Department of Agriculture report on export sales on Thursday is expected to show net cancellations of 200,000 metric tons to net sales of 100,000 metric tons for wheat for 2024-25, analysts said. They expect net sales of 350,000 to 600,000 metric tons for 2025-26.
The USDA on Monday projected U.S. 2025-26 wheat ending stocks above analysts' estimates.
CBOT July soft red winter wheat WN25 ended up 7-1/2 cents at $5.24-3/4 per bushel on Wednesday.
K.C. July hard red winter wheat KWN25 rose 11-1/4 cents to finish at $5.23 per bushel.
Scouts on the first day of a Kansas crop tour on Tuesday projected a higher yield than last year for hard red winter wheat in the north. The tour is scheduled to release its final yield forecast for Kansas on Thursday.
Minneapolis July spring wheat MWEN25 fell 3-3/4 cents to $5.77 per bushel.
Related Articles
What Are On-Chain Perpetual Contracts? Why Are HYPE and ASTER Surging?
The explosive rise of HYPE and ASTER is more than just a price story — it’s a triumph of on-chain derivatives tech, token economics, and community-driven growth. As users demand greater transparency, security, and decentralization, on-chain perpetual contracts are poised to challenge and even replac
Investing in Advanced Chips & Foundry Stocks
All waves of technological development have a foundation, and today’s digital economy is grounded in the semiconductor industry. From smartphones and artificial intelligence to data centers and electric vehicles
U.S. Q2 GDP Commentary: Unsustainable Growth Rebound, What’s Next for the Stock Market?
TradingKey - On 25 September 2025, the U.S. released the final Q2 GDP data. The data showed that the annualised quarter-on-quarter real GDP growth rate was 3.8%, surpassing the preliminary estimates of 3% in July and 3.3% in August.
Fed Rate Cuts: Will the Russell 2000 Outperform the S&P 500?
TradingKey - On 17 September, the Federal Reserve cut interest rates by 25 basis points, marking the official restart of the rate-cutting cycle. In theory, small-cap stocks, compared to large-cap stocks, benefit more from Fed rate cuts. This is because they are more reliant on external financing...
ASML Q2 FY2025 Earnings Review: Strong Growth and High-NA EUV Breakthrough Shadowed by 2026 Uncertainty
ASML Holding N.V. (NASDAQ: ASML) released its Q2 FY2025 earnings on July 16, 2025, exceeding market expectations with robust net sales and net bookings, though the stock fell around 10% due to cautious guidance for 2026 amid geopolitical uncertainties.
