On Wednesday, April 8, 2026, wheat prices fell sharply due to capital outflows amid falling oil prices. May quotes for soft red winter wheat on the Chicago Board of Trade CBOT dropped to $21.
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Global grain and oilseed market: Wheat prices plummeted on Wednesday, corn prices fell, and soybean prices rose On Wednesday, April 08, 2026, wheat prices fell sharply due to capital outflows amid falling oil prices. May quotes for soft red winter wheat on the Chicago Mercantile Exchange (CBOT) dropped to $213.20 per ton, May futures for hard red winter wheat (KCBT) in Kansas City - to $218.71 per ton, May futures for hard red spring wheat (MGEХ) in Minneapolis - to $229.28 per ton. May futures for soft red winter wheat in Chicago closed at $5.80-1/4, down 17 ¾ cents, July futures for wheat in Chicago closed at $5.91-1/4, down 17 cents. May futures for hard red winter wheat in Kansas City closed at $5.95-1/4, down 12 ¼ cents, July futures for hard red winter wheat in Kansas City closed at $6.12, down 11 cents. May futures for hard red spring wheat (MGEХ) in Minneapolis closed at $6.24, down 17 cents, July futures for hard red spring wheat (MGEХ) closed at $6.39-3/4, down 16 ½ ...