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Chicago soft red winter wheat futures recovered after closing below $6.00 per bushel for the first time since June. US Gulf wheat offers fell 9.4% over the fortnight to $261 per tonne FOB, undercutting Rouen offers for the first time since February.
Upbeat US export news supported the rebound.
Stronger US export competitiveness and firmer futures support wheat values after a sharp two-week decline. Price direction for feed wheat in export markets is now modestly firmer.
crmagri.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.
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.
