# Weekly Analysis: Wheat Markets

> 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.

- Date: 2017-10-15 · published 2017-10-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68499-weekly-analysis-wheat-markets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Chart-based commentary with no new fundamental driver, so it offers little direct signal for feed grain or wheat prices.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2017/10/15/weekly-analysis-wheat-markets

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