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Barchart columnist Andrew Hecht reviews CBOT wheat's recovery from an October 2025 low of $4.9225, with nearby futures reaching $5.835 on Feb. 23, 2026.
He notes the February WASDE was a mixed bag for wheat fundamentals.
The price recovery and higher lows point to a bullish technical trend, but weather and inventories will decide whether gains hold. Feed buyers should watch for further upside as spring weather develops.
barchart.comAndrew HechtFeb 26, 2026Not 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.
