Wheat showing strength in futures market

Mark Conlon
Feb 27, 2026
Feb 27, 2026

Facebook
Twitter
Bluesky
WhatsApp
SMS
Email
Print
Save

While things have been generally steady on the cash front in the U.S. wheat market, there are some signs of strength in the futures.

kAm“(6’C6 D66:?8 D@>6 DEC6?8E9 :? E96 7FEFC6D >2C<6E 2?5 D@>6 D9:7E:?8 5J?2>:4D WE92E 2C6X ECJ:?8 E@ AFD9 FD @FE @7 D@>6 @7 E96 EC25:?8 C2?86 H6’G6 366? :? D:?46 =2E6 =2DE 72==[” D2:5 y:> !6E6CD@?[ 6I64FE:G6 5:C64E@C H:E9 E96 }@CE9 s2<@E2 (962E r@>>:DD:@?[ 255:?8 E92E E96 |:??62A@=:D |2J 7FEFC6D AC:46 :D ECJ:?8 E@ AC6DD 23@G6 Se[ E96 9:896DE =6G6=D D:?46 =2E6 $6AE6>36C]k^Am

kAm%96 >2:? 724E@C E92E’D 5C:G:?8 E96 4FCC6?E 24E:G:EJ :D 6IA2?5:?8 5C@F89E 4@?46C?D :? E96 92C5 C65 H:?E6C H962E C68:@? @7 E96 &]$][ 86@A@=:E:42= F?46CE2:?EJ[ 2?5 86?6C2==J DEC@?8 56>2?5]k^Am

kAm“W%96 H:?E6C H962E 4C@A :DX @3G:@FD=J 8@:?8 E@ 36 E96 7:CDE @FE @7 E96 49FE6 7@C 56G6=@A>6?E 2?5 92CG6DE[ D@ :E’D DE2CE:?8 E@ 42E49 D@>6 4@?46C? E96C6[” 96 D2:5]k^Am

kAmqFE 8@@5 56>2?5 :D 2?@E96C 724E@C E92E’D 2=D@ 96=A:?8 DFAA@CE E96 >2C<6E]k^Am

kAm“(6 2C6 DE:== D66:?8 AC6EEJ 8@@5 56>2?5[ D@ E92E’D 366? 2 DFAA@CE:G6 724E@C] &?7@CEF?2E6=J[ H6 2C6 D66:?8 >@C6 DEC6?8E9 :? E96 7FEFC6D] W~? E96 42D9 D:56X[ H6’G6 D=:AA65 :? E96 32D:D 2 =:EE=6[ D@ E92E’D @77D6EE:?8 >F49 @7 E96 82:?D H6’G6 D66? @? E96 7FEFC6D[” 96 D2:5[ 255:?8 E92E 42D9 AC:46D 4@?E:?F6 E@ C2?86 7C@> Sd]`_ E@ Sd]e_ A6C 3FD96= 24C@DD |@?E2?2 2?5 }@CE9 s2<@E2]k^Am

kAm“(6’== D66 :7 H6 86E 2 EFC?2C@F?5 @? 32D:D] (6’G6 8@E 8@@5 56>2?5[ D@>6 8@@5 D2=6D @? E96 3@@<D[ H9:49 E6?5D E@ AF== @? E96 6?5 @7 E96 A:A6=:?6] (6 5:5 D66 2? :?4C62D6 :? AC@5F46C 56=:G6C:6D 2?5 AC:4:?8 H:E9 E96 C2==J H6’G6 D66?[ 2?5 E96? D@>6 @7 E96 ?:46C H62E96C H6 925 E96 62C=J A2CE @7 u63CF2CJ[ D@ E92E @3G:@FD=J AFED AC6DDFC6 @? E96 32D:D[” 96 25565]k^Am

kAm!6E6CD@? ?@E65 E92E 3@E9 E96 r9:428@ 2?5 z2?D2D r:EJ 7FEFC6D 92G6 366? ?2CC@H:?8 E96 DAC625 E@ |:??62A@=:D 7FEFC6D BF:E6 288C6DD:G6=J E9C@F89 >:5\u63CF2CJ] p82:?[ 4@?46C?D 23@FE E96 H:?E6C H962E 4C@A 2?5 6IA2?5:?8 5C@F89E 92D 366? E96 >2:? 5C:G6C]k^Am

kAm“%96 DAC:?8 H962E 4C@A :D G:6H65 2D AC6EEJ H6== DFAA=:65 C:89E ?@H[ D@ H6’== D66 9@H ?2CC@H E92E 82A 86ED[” 96 D2:5]k^Am

kAm~? 2 A@D:E:G6 ?@E6[ 5@>6DE:4 >:==D >2J AC@G:56 D@>6 6IA2?565 ?62C3J 56>2?5 7@C DAC:?8 H962E] |:==D 2C6 >2J36 D9:7E:?8 E@ >@C6 DAC:?8 H962E ?@H 2D 2 `b A6C46?E AC@E6:? DAC:?8 H962E AC:46 :D @? A2C E@ H:?E6C H962E :? D@>6 >2C<6ED]k^Am

kAm“xE >2J 6G6? 36 2E 2 5:D4@F?E E@ `b WAC@E6:?X 92C5 C65 H:?E6C] xE H:== 6G6?EF2==J =625 E@ D@>6 36EE6C 56>2?5[ H9:49 H:== 9@A67F==J DE2CE D9:7E:?8 @FE D@>6 @7 E9@D6 DAC625D 282:?[ 3FE 2E =62DE :? E96 ?62C E6C>[ E92E’D E96 5J?2>:4 H6’G6 D66?[” 96 D2:5]k^Am

kAm~? E96 8=@32= 7C@?E[ !6E6CD@? ?@E65 E92E :? :ED u63CF2CJ DFAA=J 2?5 56>2?5 C6A@CE &$sp 5:5?’E C62==J D9:7E H@C=5 5J?2>:4D >F49] ~? E96 7@C67C@?E 7@C H@C=5 EC256[ 96 D2:5 r2?252 2?5 pC86?E:?2 D66> E@ 36 E96 >@C6 288C6DD:G6 6IA@CE6CD :? 42AEFC:?8 D@>6 @7 E96 H@C=5 56>2?5[ H9:=6 E96 D2=6D A246 @7 E96 tFC@A62? &?:@? 92D 366? 2 =:EE=6 5:D2AA@:?E:?8] %96 &]$] 92D 925 8@@5 6IA@CE D2=6D E@ 52E6[ 3FE &$sp 5:5 ?@E 492?86 :ED 6IA@CE AC@;64E:@? @FE=@@<]k^Am

kAmp=D@[ 96 D2:5 E96 q=24< $62 C68:@? 4@?E:?F6D E@ 7246 D@>6 =@8:DE:42= :DDF6D 2E E:>6D[ 56A6?5:?8 @? E96 DE2EFD @7 E96 @?8@:?8 4@?7=:4E 36EH66? &<C2:?6 2?5 #FDD:2[ 3FE E96J 4@?E:?F6 E@ 36 2 7@C46 :? E96 H@C=5 >2C<6E]k^Am

People are also reading…

‘Tough to compete with feedlot for cost of gain’
New policies affect spread of alternative energy sites
Finding her niche on family farm: Newman Grove farm wife builds pork business
Agriculture will play a major role in upcoming corner crossing discussions
Morrell, Stockyards made a mark on Sioux Falls history
Wildfires: Yearning to help, prompted to plan
Meristem focuses on reducing crop input costs for farmers
Leland Red Angus & Koester Red Angus
Researchers experiment with agrivoltaics
Highmore cattleman elected to American Simmental board
Effertz Key Ranch 48th Annual Bull Sale
Commitment core of Ralston FFA Chapter
Helping wildfire victims, the Nebraska way
‘Micro-dairy’ adds diversity to family business
Rebounding from stray voltage, farmer recharges

kAm“(96? H6 =@@< 2E E96 62C=J a_ae 4C@A @FE=@@<[ E96C6’D C62==J ?@ >2;@C 4@?46C?D H:E9 E96 tFC@A62? H:?E6C H962E 4C@A[ @C E96 q=24< $62 C68:@?] $@[ :E D66>D E92E E96 &]$] H:?E6C H962E 2C62D 2C6 AC@323=J E96 C68:@?D E92E 92G6 E96 >@DE :>>65:2E6 H62E96C 4@?46C?D[” 96 D2:5]k^Am

kAm{@@<:?8 2E E96 C646?E &]$] sC@F89E |@?:E@C[ E96 >@DE 5C@F89E 4@?46C? :D :? E96 92C5 C65 2?5 D@7E C65 H:?E6C H962E C68:@?D] x==:?@:D :D 4FCC6?E=J :? >@56C2E6 5C@F89E 4@?5:E:@?D 2D :D pC<2?D2D 2?5 E96 |:5\pE=2?E:4 C68:@?[ 96 ?@E65]k^Am

kAm“{@@<:?8 2E E96 92C5 C65 H:?E6C H962E 4C@A 7C@> |@?E2?2 5@H? E9C@F89 $@FE9 s2<@E2[ 2?5 6DA64:2==J }63C2D<2[ 2?5 E96? :?E@ ~<=29@>2 2?5 %6I2D[ E9@D6 2C6 H96C6 E96 5C@F89E >@?:E@C >2A 92D 366? D9@H:?8 D@>6 4@?46C?[” D2:5[ 255:?8 E92E C646?E=J D:8?:7:42?E H:=57:C6D :? A2CED @7 H6DE6C? z2?D2D 2?5 ~<=29@>2 A2:?E65 D@>6 AC6EEJ 56G2DE2E:?8 A:4EFC6D]k^Am

kAm“xE D66>D E@ 92G6 2 >@C6 :>>65:2E6 :>A24E @? 42EE=6 AC@5F46CD ;FDE H:E9 2 =@DD @7 =:G6DE@4<[ 8C2DD[ 2?5 7665 DFAA=:6D[” 96 D2:5] “qFE :E 5:5 :>A24E D@>6 H:?E6C H962E 7:6=5D 2?5[ 282:?[ :E’D 2 32C@>6E6C :?5:42E:?8 9@H 5CJ :E :D[ D@ E96J’C6 8@:?8 E@ ?665 D@>6 >@:DEFC6 @G6C E96 ?6IE D9@CE H9:=6 E@ 2==6G:2E6 >2C<6E 4@?46C?D]”k^Am

kAm~?6 E9:?8 E96 >2C<6E 46CE2:?=J 92D D66? :D G@=2E:=:EJ 2?5 :E’D =:<6=J E@ D66 >@C6 7@==@H:?8 E96 C646?E $FAC6>6 r@FCE CF=:?8 @? E2C:77D[ 564=2C:?8 !C6D:56?E %CF>A’D :?5:G:5F2= :>A=6>6?E2E:@? @7 E2C:77D :D :==682=]k^Am

kAm“%96 25>:?:DEC2E:@? 92D 49@D6? E@ AFCDF6 2?@E96C 2G6?F6 E@ :>A@D6 E2C:77D[ D@ :E 92D 4C62E65 D@>6 F?46CE2:?EJ 7@C H92E :D 3@E9 ?62C E6C> 2?5 =@?8\E6C> @FE=@@< 7@C E9@D6[” 96 D2:5] “(962E C62==J 925?’E 366? :>A24E65 3J E9@D6 WE2C:77DX[ 3FE 86?6C2= EC256 5J?2>:4D W4C62E65X D@>6 F?46CE2:?EJ]”k^Am

kAm~? E96 56>2?5 D:56[ @G6C2== &]$] H962E 6IA@CED E@E2=65 bg_ >:==:@? 3FD96=D W|qX 2D @7 >:5\u63CF2CJ] %92E’D FA `d A6C46?E 7C@> 2 J62C 28@ 2?5 :D ha A6C46?E @7 &$sp’D 4FCC6?E AC@;64E:@? @7 h__ |q] w2C5 C65 H:?E6C D2=6D 2C6 2E ahc |q :? D2=6D GD] `fb |q 2 J62C 28@ 2?5 :D ha A6C46?E @7 &$sp’D AC@;64E:@? @7 ba_ |q 3J E96 6?5 @7 |2J]k^Am

kAmw2C5 C65 DAC:?8 H962E 92D D66? D@>6H92E @7 2? 2446=6C2E:@? :? D2=6D :? y2?F2CJ 2?5 62C=J u63CF2CJ 2?5 DE@@5 2E a`f |q :? 6IA@CE D2=6D 2D @7 >:5\u63CF2CJ] %92E’D 5@H? e A6C46?E 7C@> 2 J62C 28@ 3FE :D 24EF2==J 4=@D6 E@ hd A6C46?E @7 &$sp’D 4FCC6?E AC@;64E:@?[ H9:49 :D AC:46 A@D:E:G6]k^Am

kAm%96 E@A 7:G6 >2C<6ED 7@C &]$] DAC:?8 H962E 2C6 E96 !9:=:AA:?6D[ |6I:4@[ %2:H2?[ y2A2? 2?5 z@C62] z@C62 2?5 %2:H2? 2C6 CF??:?8 D=:89E=J 29625 @7 E96 A246 @7 2 J62C 28@[ H9:=6 y2A2? 2?5 E96 !9:=:AA:?6D 2C6 D=:89E=J 36=@H] |6I:4@ :D D9@H:?8 2 =:EE=6 D92CA6C 5C@A 7C@> 2 J62C 28@[ 3FE E9@D6 E@A 7:G6 >2C<6ED DE:== 244@F?E 7@C 23@FE e_ A6C46?E @7 E@E2= &]$] D2=6D[ H9:49 :D D:>:=2C E@ =2DE J62C]k^Am

kAm“(6’G6 D66? D@>6 ?6H 56>2?5 :? x?5@?6D:2 2?5 r@DE2 #:42[ 3FE @E96CH:D6[ H6’C6 9@=5:?8 E@ @FC EC25:E:@?2= 6IA@CE >2C<6E =:DE[” 96 D2:5] “r2?252 :D @FC 3:886DE 4@>A6E:E@C] ~FC AC:46D 92G6 ?2CC@H65 4@>A2C65 E@ y2?F2CJ[ 3FE E96C6’D DE:== 2 3:E @7 2 5:D4@F?E 7@C r2?25:2? DAC:?8 H962E] %96:C AC@5F46C AC:46D[ H96? J@F 244@F?E 7@C E96 6I492?86 C2E6[ 2C6 AC@323=J 4=@D6C E@ E92E Sd E@ Sd]c_ C2?86[ D@ D=:89E=J 36=@H &]$] AC@5F46C AC:46D]”k^Am

kAm|@G:?8 7@CH2C5[ 96 D2:5 E96 a_ae 4C@A @FE=@@< H:== 364@>6 E96 >@C6 5@>:?2?E 724E@C :? AC:46 EC6?5D] %96 >2C<6E H:== 86E :ED 7:CDE =@@< 2E DAC:?8 H962E A=2?E:?8D :? E96 !C@DA64E:G6 !=2?E:?8 #6A@CE[ H9:49 &$sp H:== C6=62D6 2E E96 6?5 @7 |2C49] |62?H9:=6[ E96 #:D< |2?286>6?E p86?4J W#|pX :D :? E96 AC@46DD @7 7:?2=:K:?8 4C@A :?DFC2?46 AC:46 =6G6=D 7@C a_ae]k^Am

kAm“~?46 E96 6?5 @7 u63CF2CJ 4=@D6D[ H6’== 92G6 2 36EE6C :562 H96C6 #|p AC:46 =6G6=D 2C6] rFCC6?E=J[ :E =@@<D =:<6 DAC:?8 H962E H:== 36 AC:4:?8 23@FE c_ 46?ED A6C 3FD96= =6DD E92? 2 J62C 28@ 7@C 4@G6C286] sFCF> H:== 36 23@FE g_ 46?ED A6C 3FD96= =6DD[” 96 D2:5[ 255:?8 E92E 4@C? =@@<D E@ 36 5@H? 23@FE `_ 46?ED[ 2?5 D@J362?D H:== 24EF2==J 36 FA d_ 46?ED 32D65 @? D@>6 @7 E9@D6 AC6=:>:?2CJ EC6?5D]k^Am

kAm“%96C6’D ?@ 5@F3E DAC:?8 H962E :D AC@323=J 8@:?8 E@ D66 2 564=:?6 W:? 24C6286X[ 2E =62DE :? }@CE9 s2<@E2 2?5 |:??6D@E2[ H:E9 A=2?E:?8 :?E6C6DED W=@HX ;FDE H:E9 E96 4FCC6?E AC:46 =6G6=D] |@?E2?2 >2J DE:== 36 9:896C ;FDE 3642FD6 E96J A=2?E65 =6DD H:?E6C H962E =2DE 72==[” 96 D2:5]k^Am

kAm“r6CE2:?=J[ :E =@@<D 492==6?8:?8 ;FDE E@ 9@=5 24C6D[ 2?5 5@>6DE:4 2?5 6IA@CE :?E6C6DED DE:== 92G6 2 492?46 E@ D6?5 D@>6 :?46?E:G6 :? E96 >2C<6E AC:@C E@ A=2?E:?8] $@[ 9@A67F==J H6 42? D66 D@>6 56>2?5 D9:7ED 96C6 2?5 E92E =625D E@ 9:896C 42D9 AC:46D 8@:?8 :?E@ A=2?E:?8]”k^Am