# Weekly Analysis: Wheat Markets

> DTN's weekly review reports cash SRW and HRW wheat indexes near $4.18 and $4.23 per bushel, both in intermediate-term uptrends. July Chicago and Kansas City futures were at $4.74 and $4.97. Short-term momentum signals were mixed.

- Date: 2018-02-11 · published 2018-02-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66542-weekly-analysis-wheat-markets
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Technical signals show firm wheat prices with near-term resistance, which matters for buyers timing feed-grain purchases. No new supply fact is introduced.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/technically-speaking/blog-post/2018/02/11/weekly-analysis-wheat-markets

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