# Markets transitioning to winter drivers - Agweek | #1 source for agriculture news, farming, markets

> Analyst commentary says harvest is nearly complete for major crops, with market attention shifting to export demand, policy and 2018 plans. Spring wheat futures have traded sideways in a 20-cent range for most of October, and global wheat supplies are large. Currency moves are increasingly driving export sales.

- Date: 2017-10-29 · published 2017-10-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/68423-markets-transitioning-to-winter-drivers-agweek-1-source-for-agriculture-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Large global wheat supplies and weak export demand cap upside, so prices are expected to stay range-bound. Weather in Australia is the main potential source of support.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Sources

- agweek.com: https://www.agweek.com/opinion/markets-transitioning-to-winter-drivers

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