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The DTN national SRW cash wheat index closed at $3.90 3/4 for the week, up 1.25 cents, and the Chicago July 2018 contract closed at $4.71, down 3 cents. The HRW cash index rose 11.75 cents to $3.66 1/4.
Analyst Darin Newsom outlined technical chart levels and trend signals.
Technical signals show mixed trend direction, so price direction for wheat remains uncertain for feed and milling buyers.
dtnpf.comDarin NewsomNov 6, 2017Not 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.
