Wheat International News
26-Nov-2025 08:17 AM
Wheat International News
Commitment of Traders data for the week of October 14 shows managed money adding 14,387 contracts to their net short position in CBT wheat futures and options, taking it to 111,743 contracts. In KC wheat, they added 4,170 contracts, increasing the net short position to 67,704 contracts.
Delayed Export Sales data for the week of 10/9 reported 613,899 MT of wheat sold, near the upper end of trade expectations of 350,000–650,000 MT. Sales were lower than the previous week but 21.78% higher than the same week last year.
A South Korean importer tendered for 90,000 MT of wheat from the US and Canada. IKAR estimates Russia’s 2026 wheat crop at 86–91 MMT. EU wheat exports from July 1 to November 21 totaled 9.19 MMT, which is 0.5 MMT behind last year for the same period.