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CBOT wheat ends lower on big global supply, dull demand

Last Updated: October 16, 2025 00:52:48 IST

CHICAGO, Oct 15 (Reuters) – Chicago Board of Trade wheat futures drifted lower on Wednesday as abundant global supplies and sluggish demand for U.S. shipments anchored prices near five-year lows. * CBOT December soft red winter wheat ended 1-1/2 cents lower at $4.98-3/4 per bushel. * K.C. December hard red winter wheat last traded 1/2 cent lower at $4.88 a bushel. * Minneapolis December spring wheat ended 3 cents lower at $5.51 per bushel. * The ongoing U.S. government shutdown deprived traders of crucial data on exports, demand and harvest progress, making investors wary of making big moves in the market and keeping prices largely range-bound. * Farm office FranceAgriMer on Wednesday lowered its forecasts for end-of-season stocks of French soft wheat, barley and maize for the 2025/26 season, citing strong export demand for the three cereals. (Reporting by Karl Plume; editing by Diane Craft)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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