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US wheat futures rose at the end of the week, with Chicago March SRW up 14 cents and Kansas City HRW up 15 cents. Frosty temperatures with sparse snow cover raised risk premiums, and US export sales reached a nine-week high of 618,076 tons for the week to January 15.
Cold-weather risk premiums and firm export sales tighten nearby wheat supplies, supporting feed-grain prices in the near term.
zmp.deJan 26, 2026After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
After 322 past bullish weather events, Wheat (HRW) moved a median -0.1% over 5 sessions (49% higher; middle half -2.5% to +3.2%), and +1.0% 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.
