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16 September 2026.

Hard red spring wheat.

Nearby futures in this note were $7.49, with a pullback zone at $6.90 to $7.00 and a breakout level at $7.60 toward $8.76.

The Saskatchewan CWRS index was $8.59 a bushel, with $8.70 the level that had to close above.

The chart walkthrough stays below the paywall.

Levels in this note, 16 September 2026

Item

Level

Nearby futures

$7.49

Pullback

$6.90 to $7.00

Breakout

$7.60, then $8.76

Saskatchewan CWRS index

$8.59/bu, $8.70 to clear

These are the levels written in this note. They are not a new call.

Fun Fact:

If you chew a handful of freshly harvested wheat, you can make gum.

So we need those combines moving.


While you are waiting, we look at Hard Red Spring Wheat in today's video.


HRS Futures $KW_F ( 0.0% )

CWRS and Basis

Enjoy and keep the chompers ready.

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