# Wheat futures rise for first time in eight sessions

> Wheat futures rose over 1% in U.S. trade as the dollar index dipped. U.S. consumer prices rose 0.4% in November, and USDA reported that wheat inventories could reach 960 million bushels, above earlier forecasts.

- Date: 2017-12-13 · published 2017-12-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10330-wheat-futures-rise-for-first-time-in-eight-sessions
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher-than-expected U.S. stock estimates are bearish for wheat, but a softer dollar and a short-covering bounce give a modest lift to prices.

## Read by commodity

- DXY: bearish ▼
- WHEAT: neutral

## Sources

- economies.com: https://www.economies.com/commodities/wheat-news/wheat-futures-rise-for-first-time-in-eight-sessions-21275

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.