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CBOT wheat sets three-week low on ample global supply

ReutersNov 21, 2025 8:40 PM

- Chicago Board of Trade wheat futures ended lower on Friday as plentiful global inventories continued to loom over the market, analysts said.

  • CBOT March soft red winter wheat WH26 slipped 1 cent to close at $5.39-3/4 per bushel and set the lowest price since October 31. The contract was down about 0.3% for the week.

  • K.C. March hard red winter wheat KWH26 ended up 2-1/2 cents at $5.26-1/4, and Minneapolis December spring wheat MWEH26 was last down 5-1/4 cents at $5.75-1/4.

  • Traders waited for the results of an international tender for about 300,000 metric tons of hard milling wheat from Saudi Arabia's state grains buying agency.

  • The U.S. Department of Agriculture reported on Thursday that China bought 132,000 tons of U.S. white wheat, though the confirmation did not rally the market.

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