--- title: "Wheat Starting Friday Action with Firmer Trade" type: "News" locale: "en" url: "https://longbridge.com/en/news/285739227.md" description: "Wheat prices are showing modest gains as trading begins on Friday, following a challenging Thursday where Chicago SRW futures fell by up to 8 cents. The USDA reported old crop sales of 78,772 MT, the second lowest this marketing year, with significant purchases from Vietnam and Thailand. New crop sales reached 187,538 MT, the fourth largest this year. Russian wheat exports are estimated at 44.5 MMT for 2025/26, while the French soft wheat crop quality is rated at 80% good/excellent, down 1% from last week." datetime: "2026-05-08T14:05:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285739227.md) - [en](https://longbridge.com/en/news/285739227.md) - [zh-HK](https://longbridge.com/zh-HK/news/285739227.md) --- # Wheat Starting Friday Action with Firmer Trade Wheat is kicking of Friday with modest fractional to 3 cent gains. The wheat complex remained under pressure on Thursday, with the three markets falling into the close. Chicago SRW futures posted losses of 4 ¼ to 8 cents at the Thursday close. There were 12 deliveries issued against May CBT wheat overnight. KC HRW futures led the downside charge, down 19 ½ to 21 cents. MPLS spring wheat was down 13 to 19 ½ cents across most contracts on the day. USDA’s Export Sales report from Thursday morning indicated 78,772 MT of old crop sales in the week of 4/30. That was the second lowest total for the marketing year. Vietnam was the buyer of 67,400 MMT (66,000 MT switched from unknown), with Thailand buying 53,700 MT and 40,000 MT sold to Mexico. New crop sales were tallied at 187,538 MT, the 4th largest for the marketing year. Much of that was sold to unknown buyers (100,000 MT), with 61,000 MT sold to Thailand. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. IKAR estimates the Russian wheat export total at 44.5 MMT for 2025/26, down 1.5 MMT from the previous number. The French soft wheat crop is estimated at 80% good/excellent according to the FranceAgriMer, down 1 percentage point from last week, with Durum down 1% to 71%. May 26 CBOT Wheat closed at $6.01 3/4, down 4 1/4 cents, currently unch Jul 26 CBOT Wheat closed at $6.12 1/4, down 5 cents, currently up 3/4 cents May 26 KCBT Wheat closed at $6.54 3/4, down 21 cents, currently unch Jul 26 KCBT Wheat closed at $6.67 1/4, down 19 3/4 cents, currently up 1 1/2 cents May 26 MIAX Wheat closed at $6.64 1/4, down 19 1/2 cents, currently unch Jul 26 MIAX Wheat closed at $6.74 3/4, down 18 1/4 cents, currently up 3 1/4 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._ More news from Barchart - Ignore the Panic Over Falling Crude Oil Prices and Buy July SRW Wheat Here - All Aboard! Grain Bulls Are Looking to Recreate Record Runs in Gold, Silver Prices - Winter Wheat Rallies Keeping Corn, Soybeans Afloat; Cotton Prices Continue to Surge - How Much Higher Can Wheat Prices Go in April? 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 - [ADM.US](https://longbridge.com/en/quote/ADM.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 - [Wheat Falling on Wednesday Trade](https://longbridge.com/en/news/287810352.md) - [CBOT wheat closes lower for fourth consecutive session](https://longbridge.com/en/news/287672491.md) - [GRAINS-Wheat slips further as Northern Hemisphere harvests loom](https://longbridge.com/en/news/287710177.md) - [Wheat Pulls Off Lows into the Close](https://longbridge.com/en/news/287985823.md) - [Paris wheat gains on Western European heatwave concerns](https://longbridge.com/en/news/287660624.md)