The global grain and oilseed market: wheat prices were mixed, while corn and soybean prices increased.

On Tuesday, February 3, 2026, the wheat market observed mixed price dynamics. March quotations for soft winter wheat on the Chicago Board of Trade (CBOT) rose to $194.28 per ton, March futures for hard winter wheat on the Kansas City Board of Trade (KCBT) in Kansas City fell to $196.48 per ton, and March futures for hard spring wheat on the Minneapolis Grain Exchange (MGEX) in Minneapolis fell to $208.79 per ton. March futures for SRW wheat in Chicago closed at $5.28-3/4, up by 1 cent, May futures for wheat in Chicago closed at $5.37-3/4, up by 1 ¼ cents. March futures for HRW wheat in Kansas City closed at $5.34-3/4, down by ½ cent, May futures closed at $5.46-3/4, up by ½ cent. March futures for spring wheat on the MGEX in Minneapolis closed at $5.68-1/4, down by 3 ¼ cents, May futures for spring wheat on the MGEX closed at $5.82-1/2, down by 3 ½ cents. According to a seven-day forecast by NOAA, some areas of the Great Plains in the US are expected to receive a small amount of ...