Wheat Prices Dip, Global Production Boosts Supply
Update: 2025-12-11
Description
Wheat futures experienced a dip on Wednesday, with Chicago soft red winter wheat dropping by five cents and Kansas City hard red winter wheat falling by three to four cents. Minneapolis spring wheat remained mostly steady. The weekly Export Sales report is expected to be released on Thursday, with analysts anticipating sales between two hundred thousand and six hundred thousand metric tons. The NASSs quarterly Flour Milling report showed a slight decrease in wheat ground for flour compared to the previous quarter and the same period last year. Managed money investors reduced their net short positions in Chicago Board of Trade and Kansas City wheat. The wheat market is currently under downward pressure due to global supply figures and investor position adjustments.
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