# Weekly Analysis: Grains and Softs Markets

> The July 2018 oats contract closed at $2.42, up 8 cents on the week, and remains in an intermediate-term uptrend. July rough rice closed at $12.325, down 33 cents, with technical signals pointing to a possible further leg lower. Cotton and coffee also posted weekly moves in a technical market wrap.

- Date: 2018-05-20 · published 2018-05-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/10836-weekly-analysis-grains-and-softs-markets
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

This is routine technical commentary describing price moves without a new fundamental cause, so it has little direct bearing on feed supply or demand.

## Read by commodity

- OATS: neutral
- RICE: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2018-05-24 | 5 | -7.5% | -2.8 | Weekly wrap shows July rough rice down 33 cents to $12.325 with technicals pointing to further downside, directly reflecting the price slide and momentum selling in the window. |
| RICE | 2018-05-23 | 1 | -3.3% | -3.3 | Weekly wrap shows July rough rice down 33 cents with technical signals pointing to further downside, so momentum and technical selling plausibly carried into the May 23 drop, though it describes the prior week rather than a new fundamental driver. |
| RICE | 2018-05-22 | 1 | -3.3% | -3.8 | DTN weekly wrap showed July rough rice down 33 cents on the week with technical signals pointing to a further leg lower, consistent with continued downside momentum into May 22. |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2018/05/20/weekly-analysis-grains-softs-markets

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