CBOT wheat ends lower on big global supply, dull demand
CHICAGO, Oct 15 (Reuters) - Chicago Board of Trade wheat futures drifted lower on Wednesday as abundant global supplies and sluggish demand for U.S. shipments anchored prices near five-year lows.
CBOT December soft red winter wheat WZ25 ended 1-1/2 cents lower at $4.98-3/4 per bushel.
K.C. December hard red winter wheat KWZ25 last traded 1/2 cent lower at $4.88 a bushel.
Minneapolis December spring wheat MWEZ25 ended 3 cents lower at $5.51 per bushel.
The ongoing U.S. government shutdown deprived traders of crucial data on exports, demand and harvest progress, making investors wary of making big moves in the market and keeping prices largely range-bound.
Farm office FranceAgriMer on Wednesday lowered its forecasts for end-of-season stocks of French soft wheat, barley and maize for the 2025/26 season, citing strong export demand for the three cereals.
Related Articles
U.S. Payrolls Rebound Masks Cooling Labor Market as Unemployment Hits Four-Year High
TradingKey - The US labor market presented a mixed picture in November 2025. On the one hand, non-farm payrolls increased by 64,000, slightly exceeding market expectations of 50,000 and ending the significant negative growth of the previous month.
Micron Technology: The Emerging AI Memory Powerhouse
With strong execution, favorable U.S. geopolitical positioning, attractive valuations, and massive growth potential in HBM, Micron presents a compelling investment case reminiscent of NVIDIA's pre-AI breakout
US Injects Liquidity: Bitcoin Dips, Grayscale Optimistic for 2026 Highs
Despite further liquidity release by the U.S., Bitcoin prices remain weak, with USD 80,000 serving as a key support.
Netflix Stock Analysis: Why Netflix Stock Keeps Falling, and When Should Investors Buy Netflix Stock?
While the final terms for Netflix's acquisition of WBD remain uncertain in the short term, we view the recent decline, driven by market sentiment, as a significant long-term undervalued opportunity. The return to more realistic valuations enhances the investment appeal of Netflix stock.
Gold Price Steady Climb and the Sudden Surge of Silver and Copper: Will Their Bull Run Extend Into 2026?
Dow Jones Market Data shows this marks the first time since 1980all three metals—gold, silver, and copper—simultaneously refreshed their all-time highs in the same year. Will this rally extend into 2026?
