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DTN's February 4 review reports the cash SRW index at $4.17 and the HRW index up 19 cents for the week to $4.12. July Chicago wheat closed at $4.73 and remained in an intermediate-term uptrend.
Analysts flagged possible short-term pullbacks.
Firm cash and futures wheat prices support feed-grain costs, but short-term signs of a pullback could ease prices. Buyers should track near-term support levels.
dtnpf.comDarin NewsomFeb 4, 2018Not 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.
