# Weekly Analysis: Wheat Markets

> 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.

- Date: 2017-11-06 · published 2017-11-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68037-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 mixed trend direction, so price direction for wheat remains uncertain for feed and milling buyers.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2017/11/06/weekly-analysis-wheat-markets

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