
DTN's weekly review reports the national cash SRW wheat index closed at $4.21, down 7 cents for the week, and cash HRW at $4.25 3/4, down 11 1/2 cents. July Chicago and Kansas City futures also fell on the week and remain in intermediate-term downtrends.
Technical weakness in cash and new-crop wheat points to softer near-term wheat prices for feed buyers, though the trend is driven by chart levels rather than a new supply change.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.