Global wheat market: Abundant supply from major producing countries leads to mostly falling wheat prices

On Friday (December 12), the Chicago Board of Trade (CBOT) March soft red winter wheat futures closed at $5.2925 per bushel, a decrease of 1.21% from one week ago. The Kansas City Board of Trade (KCBT) March hard red winter wheat futures were at $5.18 per bushel, down 2.5%. The Minneapolis Grain Exchange (MGEX) March hard red spring wheat futures were at $5.7575 per bushel, up 0.5%. The Euronext March wheat price was €189.00 per metric ton, down 0.1%. The Argentine Rosario wheat price was $207 per metric ton, down 1%. The ICE U.S. Dollar Index closed at 98.394 points, a decrease of 0.58% from one week ago. USDA supply and demand report analysis: U.S. wheat supply and demand data unchanged The U.S. Department of Agriculture (USDA) maintained the 2025/26 U.S. wheat supply and demand data unchanged in its December supply and demand report, with production at 1.985 billion bushels, up 0.3% year-on-year. Exports were 900 million bushels, 9% higher than the previous year; ending stocks ...