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Wheat futures posted modest gains across Chicago, Kansas City and Minneapolis markets on Thursday. U.S. wheat export sales for 2026/27 totaled 538,028 tonnes, the second-largest weekly total of the marketing year and 6.45% above the same week a year earlier, with the Philippines and South Korea the leading buyers.
Strong year-on-year export sales support demand for U.S. wheat and may lend prices support, although sales were lower than the prior week's marketing-year high. The article also notes expectations for higher U.S. wheat stocks in the upcoming WASDE report, a potential bearish counterweight.
barchart.comAustin SchroederNov 5, 2026After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 102 past bullish trade events, Wheat (HRW) moved a median 0.0% over 5 sessions (49% higher; middle half -2.0% to +3.5%), and -1.4% 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.
