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The DTN national SRW cash index closed at $3.97, up 6.25 cents for the week, and the July Chicago SRW futures contract closed at $4.35 1/4. The Kansas City July HRW contract closed at $4.38, down 1.25 cents on the week.
The report is a technical trend commentary on the wheat complex.
This is routine price commentary with no new supply or demand driver, so it signals little directional change for feed wheat prices beyond the prevailing trend.
dtnpf.comDarin NewsomMay 21, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
