Wheat Prices Today: Chicago, Kansas City & Minneapolis Wheat Futures
Today’s wheat prices per bushel for the three main US wheat futures markets: Chicago soft red winter (SRW), Kansas City hard red winter (HRW) and Minneapolis hard red spring (HRS). Settlements come from USDA Market News and are updated every weekday evening.
Last updated: September 29, 2026
Chicago SRW wheat (CBOT) futures
| Contract | Settlement ($/bu) | Cents/bu |
|---|---|---|
| Dec 26 | $6.93 | 692.75¢ |
| Mar 27 | $7.07 | 707.00¢ |
| May 27 | $7.13 | 713.50¢ |
| Jul 27 | $7.12 | 712.50¢ |
| Sep 27 | $7.17 | 716.75¢ |
Kansas City HRW wheat (KCBT) futures
| Contract | Settlement ($/bu) | Cents/bu |
|---|---|---|
| Dec 26 | $7.43 | 743.00¢ |
| Mar 27 | $7.56 | 755.75¢ |
| May 27 | $7.61 | 761.00¢ |
| Jul 27 | $7.57 | 756.50¢ |
| Sep 27 | $7.60 | 760.00¢ |
Minneapolis spring wheat (MGE) futures
| Contract | Settlement ($/bu) | Cents/bu |
|---|---|---|
| Dec 26 | $6.99 | 699.25¢ |
| Mar 27 | $7.20 | 720.00¢ |
| May 27 | $7.32 | 732.25¢ |
| Jul 27 | $7.38 | 737.75¢ |
| Sep 27 | $7.32 | 732.00¢ |
Source: USDA AMS Market News, Iowa Daily Cash Grain Bids (futures settlements), report for September 29, 2026. Prices are end-of-day USDA figures, not live quotes, and can differ from what your local buyer pays. Updated every weekday evening. Not financial advice.
Looking for older prices? See wheat price history: yearly and monthly USDA prices with long-term charts.
The Three Wheat Markets
| Market | Wheat class | Main use | Where it grows |
|---|---|---|---|
| Chicago (CBOT) | Soft red winter (SRW) | Cookies, crackers, cakes | Eastern Corn Belt, Southeast |
| Kansas City (KCBT) | Hard red winter (HRW) | Bread flour, all-purpose flour | Kansas, Oklahoma, Texas, Nebraska |
| Minneapolis (MGE) | Hard red spring (HRS) | High-protein bread and bagel flour | North Dakota, Minnesota, Montana |
A bushel of wheat weighs 60 lb (27.2 kg); one metric tonne is about 36.7 bushels.
What Moves Wheat Prices
- Global supply: Russia, the EU, Canada, Australia and Argentina are major exporters
- Weather and drought in the Southern Plains (winter wheat) and Northern Plains (spring wheat)
- The US dollar and export competitiveness
- Protein premiums, which widen the gap between the three markets
FAQ
What is the price of wheat per bushel today?
The cards at the top show the nearby futures settlement for each market in dollars per bushel, updated every weekday.
Why are there three different wheat prices?
Each exchange trades a different class of wheat with different protein levels and uses, so their prices move differently.
Are these cash wheat prices?
These are futures settlements. Local cash bids are usually quoted as a basis above or below these futures.
Is this financial advice?
No. These are public USDA figures for information only.