Kc Wheat Commodity Markets, Prices & Futures
Use the chart below to check futures prices for K.C. Wheat. Click the contract dates for more prices and trends. Cash price reflects the USDA Chicago terminal.
Check out our location-based Cash Grain Bids tool here!
Latest News From KC Wheat
Jim McCormick with AgMarket.Net says the slide in soybeans has been a result of prices getting too high in anticipation of the China trade deal. Now prices are lower than before the purchases were announced. He’s hopeful a low is close.
Ted Seifried with Zaner Ag Hedge says rumors of China purchases circulate nearly every time the corn market rallies.
Darin Newsom, senior market analyst with Barchart, Inc. says corn is seeing some short covering but demand has also been a factor with ethanol production at a record level this week and exports continuing to run at a record pace.
Naomi Blohm with Total Farm Marketing says soybeans have also confirmed the head and shoulders top and are working lower completing the shoulder.
Bryan Doherty with Total Farm Marketing says soybeans have served as an anchor for the grain markets on a host of bearish news items and fund liquidation.
Don Roose with U.S. Commodities says the soybeans and wheat made new lows for the move on Monday. Grains have been suffering from a lack of bullish news and for soybeans China fatigue is also a factor.
Shawn Hackett with Hackett Financial Advisors says part of the pressure in soybeans was technical selling but the market is also starting to trade the big crop potential in South America.
Mark Schultz with Northstar Commodity says the $10,80 level has been strong support in soybeans and held with the help of more daily export sales.
John Zanker with Farmers Keeper Financial says soybeans could not hold early gains despite more export business and may be eyeing the gap area from Oct. 24.
Randy Martinson with Martinson Ag says early pressure in soybeans came from follow through selling and more confusion on China’s purchase commitments. However, soybeans bounced off of strong technical support at the days lows.