# Wheat, Soybean, and Equities: What We Learned This Week

> Barchart's weekly column on July 28, 2023 described Chicago SRW wheat as following a rubber-band pattern, with fund positioning diverging from fundamentals that remained bearish. It also reviewed soybean price action and the Federal Reserve's rate increase that week.

- Date: 2023-07-28 · published 2023-07-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35102-wheat-soybean-and-equities-what-we-learned-this-week
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The column frames wheat and soybeans as trading against weak fundamentals, which points to downside pressure unless new supply concerns emerge. It is mainly commentary on recent price behavior.

## Read by commodity

- SOY: neutral
- WHEAT: bearish ▼

## Sources

- barchart.com: https://www.barchart.com/story/news/18890691/what-did-we-learn-from-a-variety-of-markets-this-week

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