Wheat futures prices saw intraday volatility of 12 cents as

Wheat futures prices saw intraday volatility of 12 cents as USDA’s export projections were revised upward. Traders with short exposure are covering positions amid stronger demand data. Cocoa Prices Fall on the Outlook for Ample Global Supplies Kansas City (KCBT) Hard Red Winter (HRW) wheat futures mirrored this trend, falling 5 to 6 cents in midday trading on October 1, on the heels of a more substantial 10 to 11-cent drop on September 30. The December 2025 KCBT Wheat contract, which closed at $4.97 3/4 on September 30, was trading at $4.91 3/4 by midday on October 1. Overall, wheat prices declined to 505.22 USd/Bu on October 1, a 0.55% decrease from the prior day, contributing to a 1.52% fall over the last month and a significant 17.88% reduction compared to a year ago. Global trade dynamics continue to underpin wheat futures prices, with rising import demand from Southeast Asia adding incremental support to U.S. and EU contracts.