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Re:

CBOT Wheat Closes Up 17¢ on May 20, 2025

July CBOT wheat rose 17¢ to $5.46 per bushel on May 20, 2025, while Kansas City and Minneapolis July wheat also closed higher.
From TheFinanceBase Team1 min to read
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July CBOT wheat rose 17¢ to close at $5.46 per bushel on Tuesday, May 20, 2025. This is a historical market close, not a current quote.

July wheat futures: May 20 closing prices

Contract Daily change Closing price per bushel
CBOT July wheat Up 17¢ $5.46
Kansas City July wheat Up 13½¢ $5.36¼
Minneapolis July wheat Up 12¼¢ $5.97¾

All three July wheat contracts finished higher, though their gains and closing prices differed. Successful Farming reported these figures in its May 20, 2025 market update.

Morning quote versus the closing price

At 8:43 a.m. CT, Successful Farming’s morning update listed July CBOT wheat up 13¾¢ at $5.42¾ per bushel. That was an intraday snapshot; the contract later closed at $5.46, up 17¢ for the day. The closing update was published at 3:03 p.m. CT.

What market commentators said about the rise

Karl Setzer, partner at Consus Ag Consulting, said: “Corn, soybeans, and wheat were solidly higher through most of today’s session as managed money buyers returned to the market.” He also pointed to a weather-related risk premium amid forecasts for drier conditions in the western U.S. and wetter conditions in the east. His remarks addressed broader market risks and corn planting conditions; they do not establish a wheat-specific cause.

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In the morning update, The Brock Report said: “Wheat futures are at eight- to nine-session highs on support from a drop in the U.S. winter wheat crop rating and hot, dry weather in some of China’s key winter wheat provinces.” These are attributed market observations, not independent proof that any single factor caused the day’s gain.

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Other grain-market context

Successful Farming also reported July corn up 7¢ to $4.54½ per bushel and July soybeans up 2¼¢ to $10.53 per bushel at the May 20 close. These figures are broader grain-market context, not comparisons between wheat contracts.

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