# Daily Market Wire 12 May 2025 - Grain Central

> Lachstock Consulting reports US wheat futures in Chicago, Kansas City and Minneapolis at or near contract lows, with a record KC managed money short of 72.2k contracts. Russian cash prices were largely unchanged while Western Australia cut its wheat area forecast on dryness. French wheat ratings remain stable and above last year.

- Date: 2025-05-11 · published 2025-05-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6686-daily-market-wire-12-may-2025-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Heavy fund shorts and expanding HRW output keep US wheat prices depressed, while dryness in Western Australia offers only limited support given stable Black Sea and EU supplies.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: neutral
- KWHEAT: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-12-may-2025/

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