Markets· August 17, 2026 at 12:29 p.m.
Wheat Prices Slip Early Monday Despite Increased Tensions in Black Sea Region
Key takeaways
- Wheat prices rose on Friday
- Prices have since fallen early Monday
- Managed money added to their net short position
Wheat prices are experiencing a dip early on Monday, despite ongoing tensions in the Black Sea region that have previously driven up prices. The wheat complex led the grain rally on Friday following more news from the Black Sea, with Chicago SRW contracts up 11 3/4 to 22 cents and KC HRW futures leading the way, up 15 to 33 cents. However, prices have since fallen, with CBOT Wheat currently down 7 cents, KCBT Wheat down 7 1/2 cents, and MIAX Wheat unchanged. The CFTC's weekly Commitment of Traders report showed managed money adding back to their net short position in the week of 8/11.
