# Wheat Prices to See More Upside, Volatility, Analyst Says

> Wheat had a volatile week, with a rally early in the week fading by Thursday and only slight gains by Friday. Corn and soybeans set new highs while wheat lagged as hedge funds held short wheat positions in spreads.

- Date: 2022-01-29 · published 2022-01-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/43189-wheat-prices-to-see-more-upside-volatility-analyst-says
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Fund short positioning in wheat restrains prices despite bullish fundamentals, while corn and soybean strength pulls feed costs higher.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: neutral

## Sources

- agriculture.com: https://www.agriculture.com/markets/analysis/crops/wheat-prices-to-see-more-upside-volatility-analyst-says

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