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DTN's October 15 weekly technical analysis reports the SRW cash index closed at $4.09 1/4, down 3 1/2 cents on the week, and the HRW cash index at $3.60. It describes both as in intermediate-term downtrends, with the July 2018 KC wheat contract consolidating between $4.71 1/4 and $5.07.
Chart-based commentary with no new fundamental driver, so it offers little direct signal for feed grain or wheat prices.
dtnpf.comDarin NewsomOct 15, 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.
