Minneapolis Spring Wheat (HRS) Futures Pricing
MIAX Futures (formerly MGEX) · December 2026 contract · Priced in U.S. dollars per bushel
- Overview
- Pricing
- Supply & Demand
- News
Cash Basis
USDA · Sep 28Strongest North Dakota −75¢ · weakest Montana −82¢
USDA country-elevator bids against December futures, in cents per bushel; the legend runs from the weakest basis to the strongest.
Every state's basis, its regions and the terminal markets are for Farmbucks members. See what's included
Storage Signal
Latest trades- Dec → Mar
- Carry · +0.2150
Carry (+) means later months trade above the nearby: the market is paying toward storage. Inverted (−) means the nearby trades above later months. Not trading advice.
Futures Chain
8 contractsOpen interest (OI) is how many contracts are still open in each month.
Commitments of Traders
Tuesday, Sep 22- Managed moneySold 823 on the week · net long for 10 weeks
- +21.4K
- Producers and merchantsLong 32.3K · short 64.6K · net −1.2K on the week
- −32.2K
- Open interest Up 1.5K on the week · 121 traders
- 81.9K
CFTC Commitments of Traders (disaggregated), MIAX Minneapolis spring wheat futures and options combined: positions as of Tuesday, Sep 22, published Friday, Sep 25; the next report (Sep 29 positions) is out Friday, Oct 2 at 3:30 pm ET. Net is longs less shorts, in contracts of 5,000 bushels.
Two years of fund positioning, the three-year range and every trader group are for Farmbucks members. See what's included
More for members
- Every state's cash basisThe typical basis and range in each of 3 states, each state's regions, and the terminal markets
- The full Commitments of TradersTwo years of fund positioning, charted, its three-year range, and every trader group
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About
Cash Basis. USDA Agricultural Marketing Service, Market News, Daily Grain Bids: what country elevators, terminals and processors bid in each state, against December futures, published weekday afternoons.
Storage Signal. Worked out from the futures themselves: the front month against the next, and old crop against new while the front month is old crop, at the latest trades while the market is open, else at the last settle.
Futures Chain. Every MGEX contract month now trading, with its last price, the day’s change and its open interest.
Commitments of Traders. U.S. Commodity Futures Trading Commission, Commitments of Traders (disaggregated): the open positions of each kind of large trader as of Tuesday’s close, published Fridays at 3:30 pm ET (the following Monday in a holiday week).