
Wheat futures fell on Friday across Chicago SRW, Kansas City HRW and Minneapolis contracts. Managed money increased its net short positions in Chicago and Kansas City wheat, while U.S. wheat export sales for 2026/27 were 28% below the year-earlier level and behind the average pace.
France had planted 84% of its wheat crop by November 2, ahead of last year.
Weak export sales and growing speculative short positions add pressure to wheat prices. The faster French planting pace is an additional supply-side factor to monitor.
Not enough comparable past events yet for a historical read.
Not 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.