# Wheat Is Near A Critical Price Level (NYSEARCA:WEAT) | Seeking Alpha

> Teucrium Wheat Fund commentary notes CBOT wheat has risen since April 2019 and is approaching a key technical resistance level on the upside. The author discusses the KC-Chicago spread as a possible bearish signal and frames wheat's price history, including the 2008 and 2012 peaks. The piece is an investment analysis rather than a news event.

- Date: 2020-01-29 · published 2020-01-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/55123-wheat-is-near-a-critical-price-level-nysearca-weat-seeking-alpha
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Technical breakout potential in CBOT wheat could attract fund buying, but the article offers no new supply or demand fact that changes fundamentals.

## Read by commodity

- WHEAT: bullish ▲

## Sources

- seekingalpha.com: https://seekingalpha.com/article/4319567-wheat-is-near-a-critical-price-level

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