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The DTN National SRW cash wheat index closed at $3.97 for the week, up 6.5 cents, and HRW cash closed at $3.73 3/4. Technical analysts describe the chart patterns and price targets for both cash and new-crop July 2018 futures.
Cash wheat prices near $4 with mixed technical signals suggest a range-bound market, giving feed buyers little clear direction on wheat costs.
dtnpf.comDarin NewsomNov 12, 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.
