Wheat futures on the Chicago Board of Trade fell on Tuesday, with declines limited by ongoing disruptions to Black Sea grain shipments.
The September soft red winter wheat contract on CBOT traded flat at $6.74-3/4 per bushel, while Kansas City September hard red winter wheat rose 2-1/2 cents to $7.61-1/4 per bushel. Minneapolis September spring wheat gained 4-1/2 cents to $6.79-1/2 per bushel. Analysts cited persistent attacks on regional shipping routes by Russia and Ukraine as a key factor restraining steeper losses.
Jordan’s state grain buyer purchased approximately 60,000 metric tons of wheat on Tuesday through an international tender that had sought up to 120,000 tons, according to European traders. The tender underscores ongoing demand despite supply chain pressures.
Germany’s farming association DBV projected the country’s 2026 winter wheat harvest at 20.9 million tons, a 7% decline from prior estimates. The revision reflects damage from an unusually dry spring and a record June heatwave, which impacted crop conditions across major growing regions.
