Market Overview - The wheat complex experienced a decline on Wednesday, with all three exchanges closing out 2025 with losses. Chicago SRW futures fell by 3 to 4 cents, KC HRW futures decreased by 7 to 8 cents, and MPLS spring wheat was down by 4 to 5 cents at the close [1]. Commitment of Traders - As of December 23, spec traders held a net short position of 91,665 contracts in CBT wheat futures and options, which is an increase of 24,747 contracts from the previous week. Managed money in KC wheat had a net short position of 24,749 contracts, reflecting a reduction of 964 contracts [2]. Export Sales Data - Export sales data for the week of December 18 showed wheat sales at 147,834 MT, which is a 35.83% decrease from the previous week and 75.86% lower than the same week last year. This figure fell within analysts' estimates ranging from 50,000 MT in net reductions to 400,000 MT in sales [3].
Wheat Closes Lower to Round Out 2025 Trade
Yahoo Finance·2025-12-31 23:06