# Weekly Analysis: Wheat Markets

> 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.

- Date: 2018-03-30 · published 2018-03-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66039-weekly-analysis-wheat-markets
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

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.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼
- OCEANFRT: neutral

## Sources

- maritimes.gr: https://maritimes.gr/en/weekly-market-analysis/
- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/technically-speaking/blog-post/2018/03/30/weekly-analysis-wheat-markets

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