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Kansas City and CBOT wheat futures set life-of-contract highs for a third straight day on war-related Black Sea disruptions and speculative buying. Farmers are forward-selling new-crop HRW wheat as December KC futures rose about 16.6% in August.
Farmer forward selling into rallies adds supply at elevated prices, but sustained Black Sea disruption keeps HRW prices firm for feed and milling buyers.
rallies.aiRallies AIAug 28, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
KC HRW futures hit life-of-contract highs for a third straight day on Black Sea disruption and speculative buying, directly describing the 5-day price surge.
