# Commercial Signals Could be Key to the Wheat Market

> DTN reports that wheat futures closed higher on January 31, with March contracts for SRW, HRW and HRS up for several sessions. Commercial traders' net-long positions in all three classes reached their largest levels in years.

- Date: 2023-01-31 · published 2023-01-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37821-commercial-signals-could-be-key-to-the-wheat-market
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Heavy commercial buying signals that those closest to physical supply see value, which may firm wheat prices and feed-grain alternatives.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/canada-markets/blog-post/2023/01/31/commercial-signals-key-wheat-market

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