# Weekly Analysis: Wheat Markets

> DTN's weekly technical analysis reports the national SRW cash wheat index closed at $3.89 1/2, up 2 3/4 cents on the week, and the HRW cash index at $3.54 1/2, up 4 3/4 cents. It describes both cash indexes as trading sideways within intermediate-term ranges, with the July 2018 SRW futures contract in a downtrend after a new low.

- Date: 2017-10-30 · published 2017-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68495-weekly-analysis-wheat-markets
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Routine chart commentary with no new supply or demand event, so it gives little direction for feed grain or wheat pricing beyond the existing sideways trend.

## Read by commodity

- WHEAT: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2017/10/30/weekly-analysis-wheat-markets

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