Chicago Board of Trade wheat futures closed lower on Friday on adequate global supplies and a lack of supportive news, traders said.

CBOT December soft red winter wheat (WZ25) settled down 1-3/4 cents at $5.22-1/2 per bushel. For the week, the contract fell 1 cent a bushel.

K.C. December hard red winter wheat (KWZ25) ended Friday down 2-3/4 cents at $5.07-1/4 a bushel and Minneapolis December spring wheat (MWEZ25) fell 4-1/4 cents to settle at $5.67-1/2 a bushel.

A rebound in the dollar since a U.S. Federal Reserve interest rate cut on Wednesday weighed on dollar-priced commodities including wheat.

Improving wheat harvest prospects in Australia and globally hung over the market.

S&P Global Commodity Insights projected 2026 U.S. all-wheat plantings at 44.6 million acres, down about 1.8% from 2025, according to a report from the firm seen by Reuters.

European wheat futures fell amid a lull in export demand and as some participants booked profits following a two-week high, traders said.
Source: Reuters