# Weekly Analysis: Wheat Markets

> The DTN National SRW cash wheat index closed at $3.94 3/4, down 10 cents for the week, while the July 2017 Chicago contract settled at $4.62. HRW cash fell 9 1/4 cents to $3.56 1/2 and July Kansas City closed at $4.78 1/2. Analysts describe the intermediate-term cash trend as down.

- Date: 2017-02-26 · published 2017-02-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72522-weekly-analysis-wheat-markets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Lower cash and new-crop wheat prices reflect ample global supply, which keeps pressure on feed wheat values relative to corn and barley for feed buyers.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2017/02/26/weekly-analysis-wheat-markets

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