# Weekly Analysis: Wheat Markets

> The DTN National SRW Wheat Index closed at $4.02 1/4 for the week, up 5 1/4 cents, while the Chicago July 2017 contract settled at $4.38 1/4, up 3 cents. The HRW cash index closed at $3.59 and the Kansas City July contract at $4.37 1/2, down half a cent, as analysts described sideways-to-mixed technical trends.

- Date: 2017-05-29 · published 2017-05-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71028-weekly-analysis-wheat-markets
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Weekly technical wrap with small moves and no new fundamental cause, so it adds little to the supply outlook. Cash and futures levels frame near-term wheat feed costs for buyers.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2017/05/29/weekly-analysis-wheat-markets

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