# CBOT wheat sets two-month low on technical selling, weak demand — TradingView News

> CBOT September SRW wheat closed down 6 cents at $5.23-3/4 after touching its lowest since May 13 on technical selling and competition for export sales. Sovecon raised its Russian 2025-26 wheat export forecast to 43.3 million tons from 38.3 million, while Russian and Ukrainian harvests face delays from rain.

- Date: 2025-07-30 · published 2025-07-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/23794-cbot-wheat-sets-two-month-low-on-technical-selling-weak-demand-tradingview-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A larger Russian export outlook adds competing supply to global wheat markets, pressuring US wheat export competitiveness and futures prices. Harvest delays in Russia and Ukraine partly offset this bearish supply signal.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: neutral

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L1N3TR18J:0-cbot-wheat-sets-two-month-low-on-technical-selling-weak-demand/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.