
U.S. wheat futures rose across the Chicago, Kansas City and Minneapolis markets. Weekly 2026/27 export commitments totaled 538,028 metric tonnes, the marketing year's second-largest weekly figure and 6.45% above the same week last year; the Philippines and South Korea were the leading buyers.
Firm export commitments support demand for U.S. wheat and underpin prices. Expectations for higher U.S. ending stocks in the upcoming WASDE report could limit gains.
After 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.