# CBOT Wheat Pullback Holds Support

> Wheat futures hold support at 711 after pullback, next leg higher in focus.
- Title: CBOT Wheat Pullback Holds Support · TradingView | Shortify
- Summary: Wheat futures hold support at 711 after pullback, next leg higher in focus. CBOT wheat futures hold support at 711 following pullback, with next leg higher…
- Keywords: cbot, wheat, futures, technical, analysis, support, pullback, price, target, business, finance, Holds
- Source: TradingView — https://tradingview.com/chart/ZW1!/E32SDSxp-CBOT-Wheat-Pullback-Holds-Support-Next-Leg-Higher-in-Focus
- Published: 2026-09-16T08:38:17+00:00
- Read time: 1 min
- Topics: cbot, wheat, futures, technical, analysis, support, pullback, price, target, business, finance
## Wheat Pullback
Wheat futures recently pulled back to 711 after failing at 792, the Fibonacci extension.
## Support Holds
The pullback retraced to 711, the July 2026 high, now acting as support.
## Next Leg Higher
Wheat looks well placed for another leg higher with upside targets at 792-795 and 825.
## Long-Term Target
Long-term target is 928, the 50% retracement near 2011 and 2012 highs.
## Cyclical Market
Wheat is a cyclical market with structural bottom potential for further upside.
## Key takeaway

CBOT wheat futures hold support at 711 following pullback, with next leg higher targeting 792-795.