QUOTE AND NEWS
Benzinga  Jan 6  Comment 
March Chicago Wheat is trading at 426 3/4, up 1/2 of a cent/bushel. May Chicago Wheat is trading at 437 1/2, up 1 cent/bushel. March Kansas City Wheat is trading at 437 1/4, up 2 3/4 cents/bushel. Wheat futures are trading steady to...
Agrimoney.com  Jan 6  Comment 
Soybean prices ease, as market chew over the threat posed by Argentine flooding, while rallies in wheat and cotton futures stall
Benzinga  Jan 5  Comment 
March Chicago Wheat is trading at 425 1/2, up 7 cents/bushel. May Chicago Wheat is trading at 435 1/2, up 6 1/2 cents/bushel. March Kansas City Wheat is trading at 433, up 6 1/2 cents/bushel. Wheat futures are trading near the session highs...
Benzinga  Jan 4  Comment 
March Chicago Wheat is trading at 411, up 4 1/2 cents/bushel. May Chicago Wheat is trading at 422, up 4 cents/bushel. March Kansas City Wheat is trading at 419 1/2, up 5 1/2 cents/bushel. Wheat futures are trading at the session highs after a...
Agrimoney.com  Jan 4  Comment 
Hard wheat futures, in particular, find support from falling US crop ratings. Corn-soybean spreading puts spring sowings prospects in focus too
Benzinga  Jan 3  Comment 
March Chicago Wheat is trading at 409, up 1 cent/bushel. May Chicago Wheat is trading at 421, up 1/2 of a cent/bushel. March Kansas City Wheat is trading at 419 1/4, up 3/4 of a cent/bushel. Wheat futures are trading steady during early...
Benzinga  Dec 30  Comment 
The USDA reported today that wheat export sales for the week ending December 22nd totaled 568,100 tonnes. Sales were up 91 percent from the previous week and up 25 percent from the four week average. There were 14,400 tonnes sold for 2017 to 2018....
Benzinga  Dec 30  Comment 
March Chicago Wheat is trading at 405 3/4, up 1 cent/bushel. May Chicago Wheat is trading at 419 1/4, up 1 1/4 cents/bushel. March Kansas City Wheat is trading at 413 1/2, down 1 1/4 cents/bushel. Wheat futures are trading on both sides of...
Benzinga  Dec 29  Comment 
March Chicago Wheat is trading at 402 3/4, up 1 1/4 cents/bushel. May Chicago Wheat is trading at 416, up 1 1/2 cents/bushel. March Kansas City Wheat is trading at 411 1/2, up 2 cents/bushel. Wheat futures are trading steady after Wednesday's...
Benzinga  Dec 28  Comment 
March Chicago Wheat is trading at 407 1/4, down 2 1/4 cents/bushel. May Chicago Wheat is trading at 419 3/4, down 1 3/4 cents/bushel. March Kansas City Wheat is trading at 418 1/4, down 1/2 of a cent/bushel. Wheat futures are trading at the...




 

This article is about a specific futures contract traded on the CBOT. For wheat prices in general, see the article on Wheat Prices. For wheat traded on the KCBT, see the article on Kansas City Wheat Futures. For wheat traded on the MGEX, see the article on Spring Wheat Futures.

Wheat Futures are traded on the Chicago Board of Trade (CBOT) under ticker symbol W in cents per bushel.[1] For electronic trading sessions, the symbol ZW is used.[1]


The Chart at left displays the front-month Wheat prices on the Chicago Board of Trade (CBOT) in cents per bushel.

Delivery Dates

Wheat futures contracts are delivered every year in March, May, July, September, and December.[1]

The following is a table with wheat futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.

Delivery Month Full Ticker Symbol Thomson-Reuters Symbol
March, 2009WH9W/H9-CB
May, 2009WK9W/K9-CB
July, 2009WN9W/N9-CB
September, 2009WU9W/U9-CB
December, 2009WZ9W/Z9-CB

Contract Specifications

Contract Size

One wheat futures contract on the Chicago Board of Trade (CBOT) is 5,000 bushels.[1]

Daily Price Limit

The daily price limit for wheat futures contracts on the Chicago Board of Trade (CBOT) is $.60 per bushel ($3000 per contract) above or below the previous day's settlement price.[1] During the spot month, the limit restriction is lifted.

Last Trading Day

Trading of wheat futures contracts on the Chicago Board of Trade (CBOT) ends on the business day prior to the fifteenth calendar day of the contract month.[1]

Deliverable Grades

Deliverable wheat grades for futures contracts on the Chicago Board of Trade (CBOT) at the contract price (at "par") are: No. 2 Soft Red Winter Wheat, No. 2 Hard Red Winter Wheat, and No. 2 Dark Northern Spring Wheat.[1]

Also deliverable for 3 cents per bushel over contract price are: No.1 Soft Red Winter Wheat, No. 1 Hard Red Winter Wheat, No. 1 Dark Northern Spring Wheat and No. 1 Northern Spring Wheat.[1]

CBOT Wheat vs. KCBT Wheat

Both wheat futures traded on Chicago Board of Trade (CBOT) and the Kansas City Board of Trade (KCBT) are used as benchmarks for wheat prices in general. However, generally speaking, the term "wheat futures" refers to wheat futures traded on the CBOT while wheat futures traded on the KCBT are specified to be "KCBT Wheat," "KC Wheat," or "Kansas City Wheat".

See Also

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 The Chicago Board of Trade's contract specifications for wheat futures
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