Wheat - Chicago Prices

09-12-2025 - Over the past month, the price of Wheat (Chicago) has remained relatively stable, beginning at 535.5 ¢/bsh and experiencing a slight increase to 536.0 ¢/bsh. This stability indicates a steady market for this commodity during the period. The forecast predicts a decrease to 530.0 ¢/bsh, a 1.1% drop from the current price of 536.0 ¢/bsh, suggesting a generally flat to slightly downward trend. This forecast highlights potential market volatility that could impact raw material prices.

The anticipated price reduction of -5.75¢/bsh is largely attributed to supply factors, including production activities and weather conditions. While supply and technical data point to a price decline, demand and market flows exert upward pressure, resulting in a mixed outlook for wheat prices.

According to the Wheat Market Outlook from Sask Wheat, dated December 8, 2025, Chicago wheat futures are currently priced at $5.35 per bushel, down from a one-month high of $5.63 on November 18, 2025. This downward trend is consistent with the forecasted decline to 530.0 ¢/bsh in the upcoming month. Overall, the market for wheat appears to be experiencing a period of stability with potential for slight downward movement, influenced by various supply and demand factors.