# Weekly Analysis: Grains and Softs Markets

> The DTN weekly grains and softs analysis reports July 2018 oats closed at $2.46, up 2 3/4 cents for the week, and July rough rice closed at $11.445, down 12 cents. December 2018 cotton rallied to 92.36 cents per pound and July coffee closed at 122.75 cents. The piece is a technical chart review of price levels and support and resistance.

- Date: 2018-06-04 · published 2018-06-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6745-weekly-analysis-grains-and-softs-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Oats](https://feedsoft.ai/c/OATS.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

These are routine technical price levels with no new fundamental cause, so they offer little direct signal for feed ingredient pricing beyond sentiment in oats and rice.

## Read by commodity

- OATS: neutral
- RICE: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2018/06/04/weekly-analysis-grains-softs-markets
- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2018/06/04/weekly-analysis-wheat-markets

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