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Wheat opened Monday with modest gains after lower closes on Friday, when December Chicago wheat fell 21.5 cents on the week. Export commitments reached 11.626 MMT, down 29% from last year.
Europe's wheat crop was estimated at 123.7 MMT, a 0.5% cut from last month.
Export commitments running well behind last year and the 5-year pace weigh on demand, while the small EU crop trim offers only limited support to prices.
barchart.comAustin SchroederNov 2, 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.
