--- title: "Wheat Trading Mostly Higher at Midday" type: "News" locale: "en" url: "https://longbridge.com/en/news/284948131.md" description: "Wheat trading showed positive movement at midday, with Chicago SRW futures up to 5 cents higher and KC HRW futures gaining up to 4.5 cents. The quarterly Flour Milling report indicated a decrease in wheat ground for flour compared to last year. Managed money in CBT wheat futures shifted to a net long position, while KC wheat spec traders increased their net long. Weekly export commitments reached 24.859 MMT, exceeding last year's figures and USDA projections. Closing prices for various wheat contracts showed slight increases, with some mixed results in MPLS spring wheat." datetime: "2026-05-02T00:00:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284948131.md) - [en](https://longbridge.com/en/news/284948131.md) - [zh-HK](https://longbridge.com/zh-HK/news/284948131.md) --- # Wheat Trading Mostly Higher at Midday The wheat complex closed Friday with most exchanges higher. Chicago SRW futures saw steady to 5 cent higher trade, as May was 16 ¼ cents in the green since last Friday. KC HRW futures posted ¾ to 4 ½ cent gains, as May rallied 23 ½ cents on the week. MPLS spring wheat was mixed, with contracts down 1 ¾ to 9 ¾ cents higher on Friday, as May was 28 ½ cents higher over the week. The quarterly Flour Milling report from NASS showed a total of 222.4 million bushels of wheat ground for flour in January through March, a 4.2 mbu drop from the same period last year. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. CFTC data from Friday showed managed money in CBT wheat futures and options flipping back to a net long of 10,664 contracts as of Tuesday, a move of 21,381 contracts to the long side. In KC wheat, spec traders were busy increasing their net long by 2,615 contracts to 30,624 contracts. Weekly Export Sales from Thursday has total export commitments at 24.859 MMT, which is 15% above the same time last year. That is 102% of the USDA export projection and near the 102% 5-year average. May 26 CBOT Wheat closed at $6.24 1/2, up 3/4 cent, Jul 26 CBOT Wheat closed at $6.37 3/4, up 1 cent, May 26 KCBT Wheat closed at $6.82 1/2, up 4 1/2 cents, Jul 26 KCBT Wheat closed at $6.94 1/2, up 1 cent, May 26 MIAX Wheat closed at $7.05 1/2, up 9 3/4 cents, Jul 26 MIAX Wheat closed at $7.04, down 1 3/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [WEAT.UK](https://longbridge.com/en/quote/WEAT.UK.md) - [DBA.US](https://longbridge.com/en/quote/DBA.US.md) - [1695.JP](https://longbridge.com/en/quote/1695.JP.md) - [PDBA.US](https://longbridge.com/en/quote/PDBA.US.md) - [VEGI.US](https://longbridge.com/en/quote/VEGI.US.md) - [WXET.US](https://longbridge.com/en/quote/WXET.US.md) - [WEAT.US](https://longbridge.com/en/quote/WEAT.US.md) - [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md) ## Related News & Research - [Australia's farmers, hit by Iran war costs and dry weather, grow less wheat](https://longbridge.com/en/news/286826826.md) - [Wheat Extending Gains as the Crop Deteriorates](https://longbridge.com/en/news/286929709.md) - [GRAINS-CBOT wheat slips after rising earlier on declining US crop rating](https://longbridge.com/en/news/286953952.md) - [Wheat Futures Higher After White House Confirms China Deal — Daily Grain Highlights](https://longbridge.com/en/news/286811987.md) - [US Plains HRW Wheat-Basis bids mixed on slow farmer sales, higher futures](https://longbridge.com/en/news/286946955.md)