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December CBOT SRW wheat rose about 4.75 cents to $6.0375 and December HRW rose 2.25 cents to $6.4525, while spring wheat also gained. Reports say China has inquired about US soft red winter wheat for shipment in the New Year after a COFCO inquiry.
Possible Chinese purchases of US wheat add demand for export supplies, giving modest support to wheat futures.
profarmer.comOct 29, 2026After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 102 past bullish trade events, Wheat (HRW) moved a median 0.0% over 5 sessions (49% higher; middle half -2.0% to +3.5%), and -1.4% over 20.
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.
