Wheat

Wheat futures surge to $5.42/bu as record exports, Pakistan’s storage cuts, a weak dollar and biofuel demand tighten supply‑demand, keeping prices near the upper quartile of the 52‑week range.

Wheat market volatility explained: early Indian sowing, Chinese buying, Euro weakness, and rail‑route risks shape price action—stay ahead with smart hedging.

The wheat market is expected to continue its upward trajectory, driven by inventory dynamics, trade policy signals, and regional production updates, with the contract price potentially testing its 52-week high of $630.50 per bushel in the near term.

The global wheat market remains subdued, with prices hovering near their 52-week low of $139, due to a large world supply base outpacing demand growth and regional production updates indicating continued oversupply.

The wheat market in early October 2025 is experiencing a downward trend due to optimistic harvest forecasts, regulatory changes, and shifting consumer preferences, leading to a larger-than-anticipated global supply and cautious market sentiment.