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This is your Daily Wheat Price Tracker with Vanessa Clark podcast.
Hey friends, welcome to another episode of Daily Wheat Price Tracker with me, Vanessa Clark. Today, were diving into the latest on wheat prices, futures movements, and what it all means for you whether youre a farmer, trader, or just keeping tabs on commodity trends.
First up, the current trading prices as markets close on this Monday. On the Chicago Board of Trade, March wheat futures settled down 10 cents at 5.27 a bushel, with May at 5.36 a bushel, according to closing reports from CK News Today and Morningstar. In Canada, Bunge Moose Jaw Terminal shows 1 Red Spring Wheat at 256.20 Canadian dollars, down 1.54, while Feed Wheat holds at 169.58. UK feed wheat futures for May 2026 are at 168.45 pounds per tonne, up slightly last week per AHDB, but spot markets feel the pressure at around 164 pounds. Grain futures are sliding overall, with wheat down 1.16 percent amid a global supply glut, as noted by Chronicle Journal.
Whats driving this? A stronger US dollar is making exports less competitive, plus forecasts of record global wheat crops for 2025-26 from the International Grains Council, with ample stocks and fierce competition from Russia, Brazil, and the EU. Weather watches in Ukraine, the US Plains dryness, and Indias hotter February add risks, but no big bullish spark yet. ADM reports choppy markets capped by export rivalry.
Actionable takeaway: If youre holding wheat, watch support levels around 167 pounds in UK futures or 5.25 bushel in Chicago. Farmers, consider diversifying into biofuels demand for a price floor, and traders, eye upcoming USDA updates for shifts.
Thanks for tuning in, pals. Subscribe, share with your network, and join me next time for more wheat market insights. Take care!
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