# Weekly Analysis: Wheat Markets

> 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.

- Date: 2017-11-12 · published 2017-11-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68042-weekly-analysis-wheat-markets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Cash wheat prices near $4 with mixed technical signals suggest a range-bound market, giving feed buyers little clear direction on wheat costs.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2017/11/12/weekly-analysis-wheat-markets

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