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CBOT wheat ticks down with large supplies around the world

ReutersJan 2, 2026 8:59 PM

- Chicago Board of Trade wheat futures fell on Friday on large global supplies on a day of limited post-holiday trade GRA/.

  • Market players continued to monitor the progress of negotiations to end Russia's war in Ukraine GRA/.

  • Winter wheat in the U.S. Southern Plains is expected to continue facing dry conditions in the coming weeks, according to forecaster Commodity Weather Group.

  • The United States sharply lowered proposed new duties on several Italian pasta makers following a preliminary review of their alleged anti-dumping activities, the Italian foreign ministry said on Thursday.

  • CBOT March soft red winter wheat WH26 settled 1/2 cent lower at $5.06-1/2 per bushel.

  • K.C. March hard red winter wheat KWH26 ended 1/4 cent higher at $5.15 a bushel.

  • Minneapolis March spring wheat MWEH26 finished down 3-1/4 cents $5.74 per bushel.

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