# Global wheat prices defy production outlook with strong gains | Farm Online | ACT

> Chicago wheat futures rose to about 546 cents a bushel, a gain of over 7 percent, before easing to around 530 cents. Australian old-crop cash wheat held near A$365 a tonne because of limited nearby grain availability, despite a likely record world crop.

- Date: 2025-05-29 · published 2025-05-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/24708-global-wheat-prices-defy-production-outlook-with-strong-gains-farm-online-act
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The rally, driven by demand and concerns about crops in the US, Black Sea and southern Australia, lifts feed wheat prices even as record crop forecasts weigh on the outlook.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/8979479/global-wheat-prices-defy-production-outlook-with-strong-gains/

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