Wheat Futures Fall Amid Global Supplies, Mixed Weather Outlook
Update: 2025-12-17
Description
Grain markets experienced another day of declines, with wheat futures continuing their downward trend. Chicago soft red winter wheat contracts fell between nine and eleven and a quarter cents, while Kansas City hard red winter wheat and Minneapolis spring wheat also finished in the red. This pressure is largely due to large global supplies from major exporting countries. Looking ahead, a mixed weather forecast for the coming week could influence future market movements. The French farm ministry estimates an increase in soft wheat acreage for 2026, while EU soft wheat shipments are slightly behind last years pace. Specifically, March and May Chicago Board of Trade wheat contracts closed lower, as did Kansas City and Minneapolis Grain Exchange wheat contracts, reflecting continued bearish sentiment in the wheat market.
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