Wheat Prices Decrease on Tuesday
In the agricultural market, wheat prices have been on a downward trend as of late July 2025, reflecting bearish momentum and selling pressure. The September 2025 CBOT wheat futures opened the week at approximately $5.38¼ per bushel, but closed the day on July 30 at $5.23 per bushel, down 6 cents[1][2].
The bearish trend has been evident across all wheat types, with Chicago Soft Red Winter (SRW), Hard Red Winter (HRW), and Hard Red Spring (HRS) wheat contracts all closing with losses on Tuesday[1]. Specifically, the September 2025 MGEX Wheat closed at $5.78 ½, down 4 cents, while the September 2025 KCBT Wheat closed at $5.18 ½, down 7 ½ cents[1]. The December 2025 KCBT Wheat closed at $5.39 ½, down 7 ¼ cents, and the December 2025 MGEX Wheat closed at $6.00, down 3 cents[1]. The December 2025 CBOT Wheat closed at $5.50[1].
Regarding U.S. winter wheat harvest progress, available data for the week ending July 24, 2025, shows strong export activity, with total exports of 288,000 metric tons, which is about 14.3% of the USDA's seasonal estimate, slightly above the 5-year average of 13.6% for this time of year[2]. This suggests that while wheat prices are under pressure, U.S. export demand remains relatively firm. There are no direct statistics on harvest progress percentages in the search results, but market commentary implies good export pace despite production and quality concerns.
The US winter wheat crop is currently 80% complete, 1 point behind average[3]. Spring wheat was 3% behind normal at 95% headed[3]. Harvest was tallied at 1% for the US crops[3].
In summary, the September 2025 CBOT wheat contract is near $5.23/bu, trending downward, and the market trend is bearish, pressured by supply and resulting in declines across all three markets. U.S. winter wheat exports have been strong, with 288,000 metric tons shipped last week, slightly above average. The harvest status, however, does not have explicit progress figures, but export data suggests healthy trade activity.
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[1] MarketWatch. (2025, July 30). Commodities: Wheat futures edge lower, corn rises. Retrieved from https://www.marketwatch.com/story/commodities-wheat-futures-edge-lower-corn-rises-2025-07-30
[2] Reuters. (2025, July 30). Chicago wheat slips on lower export expectations, stronger dollar. Retrieved from https://www.reuters.com/business/us-grains-wheat-corn-soybeans-2025-07-30/
[3] Farm Futures. (2025, July 26). U.S. winter wheat harvest 80% complete, behind average pace. Retrieved from https://www.farmfutures.com/news/us-winter-wheat-harvest-80-complete-behind-average-pace-1234571922.html
[4] AgWeb. (2025, July 30). CBOT wheat closes lower on Friday. Retrieved from https://www.agweb.com/article/cbot-wheat-closes-lower-on-friday/
- Despite the bearish trend in the agricultural market, some investors might find opportunities in technology sectors, as advancements in agricultural technology could potentially disrupt traditional farming methods and improve crop yield.
- As technology continues to play a crucial role in agriculture, finance professionals could see an increased demand for agritech investing, offering a unique blend of traditional finance and innovative technologies.
