10 February 2026 | 8:00PM EST Commodities Research COMMODITY ANALYST What the Great Gold Rally Could Signal for the Broader Commodity Outlook Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, see the Disclosure Appendix, or go to www.gs.com/research/hedge.html. Lina Thomas +1(212)902-8376 | lina.thomas@gs.com Goldman Sachs & Co. LLC Daan Struyven +1(212)357-4172 | daan.struyven@gs.com Goldman Sachs & C ...

Wheat is trading with some Turnaround trade on Tuesday morning, with winter wheat trading higher and spring wheat trading lower, The wheat complex closed Monday with weakness across most contracts, as spring wheat tried to hold up. Chicago SRW futures were fractionally to a penny lower on the day. Open interest was down 5,866 contracts on Monday.  KC HRW futures were down 1 to 3 cents in most contracts. OI dropped 4,119 contracts on Monday. MPLS spring wheat was fractionally higher to 2 cents lower at the ...

The wheat complex is showing slight losses across the three markets on Monday. Chicago SRW futures are 1 to 2 1/2 cents lower at midday. KC HRW futures are down 3 to 4 cents in most contracts. MPLS spring wheat is steady to 3 cents lower as we trade through midday. USDA’s FGIS tallied wheat export shipments at 580,130 MT (21.32 mbu) during the week ending on February 5. That was 75.52% above the week prior and 1.72% larger than the same week last year. The Philippines was the top destination of 179,957 MT ...

Wheat is showing mostly lower trade in the winter wheat contracts, with spring wheat slightly higher. The wheat complex fell lower on Friday, with contracts down across the three markets. Chicago SRW futures were 5 to 6 cents lower on Friday, as March was 8 ¼ cents in the red on the week. Open interest was down 8,052 contracts on Friday. KC HRW futures were down 7 to 8 cents in most contracts, as March slipped 13 ½ cents last week. OI was down 6,401 contracts. MPLS spring wheat was steady to 2 cents lower, ...

The wheat complex fell lower on Friday, with contracts down across the three markets. Chicago SRW futures were 5 to 6 cents lower on Friday, as March was 8 ¼ cents in the red at the close. KC HRW futures were down 7 to 8 cents in most contracts, as March slipped 13 ½ cents this week. MPLS spring wheat was steady to 2 cents lower, as March was down 8 ¼ cents on the week. Export Sales data has wheat export commitments at 21974 MMT, a 17% improvement from last year for the same week. That is now 90% of USDA ...

The wheat complex is trading with midday losses across the three markets on Friday. Chicago SRW futures are trading with 5 to 6 cent losses on Friday. KC HRW futures are down 5 to 7 cents in most contracts. MPLS spring wheat is steady to a penny lower. Export Sales data has wheat export commitments at 21974 MMT, a 17% improvement from last year for the same week. That is now 90% of USDA’s forecast and slightly behind the 91% average pace. More News from Barchart USDA will release updated WASDE data on ...

The wheat complex is trading with gains across the three markets on Thursday. Chicago SRW futures are 8 to 9 cents higher in the front months. KC HRW futures are 7 to 8 cents in the green at midday. MPLS spring wheat is up 2 to 3 cents so far. Export Sales data from this morning showed 373,877 MT of wheat sold in the week of January 29, on the lower side of analysts looking for between 300,000 and 600,000 MT. That was down 33.02% from the previous week and 14.81% below the same week last year. Another 41, ...

450 drones and over 70 missiles hit Ukraine overnight, just as U.S.-brokered talks are set to resume in Abu Dhabi this week. Yet, prediction market traders see a near coin-flip chance of an official ceasefire before the end of 2026.Ukrainian officials argue Russia used an energy-strike pause to stockpile for a bigger hit, while Moscow says the moratorium expired, Reuters reported on Tuesday.That setup supports a common negotiating posture: increase pressure to try to extract concessions at the table.Meanwhi ...

Wheat is slightly higher in the winter wheat front months on Tuesday, with spring wheat weaker. The wheat complex extended weaker trade into the Monday session, as a stronger US dollar index, up $0.581, added some pressure. Chicago SRW futures were down 9 to 11 ¼ cents at the close. Open interest suggested new selling, up 5,993 contracts on Monday. KC HRW futures posted 8 to 9 ½ cent losses on Monday. OI was up 1,821 contracts. MPLS spring wheat was 6 to 7 cents lower. The NASS Flour Milling report from ...

The wheat complex is continuing a weaker trade on Monday, with the US dollar index up $0.586. Chicago SRW futures are down 10 to 11 ½ cents. KC HRW futures are trading with 9 to 10 ¼ cents losses. MPLS spring wheat is 9 to 10 cents lower. Export Inspections data showed wheat shipments at 326,828 MT (12 mbu) shipped in the week that ended on January 29. That was down 13.76% from the week prior, but 29.11% above the same week last year. Mexico was the top destination of 60,886 MT, with 55,702 MT to Taiwan a ...