# Weekly Analysis: Wheat Markets

> Cash and futures wheat prices in the U.S. fell sharply in the week, with SRW and HRW indices both down about 18 to 20 cents. Technical indicators point to intermediate-term downtrends in cash markets.

- Date: 2018-03-18 · published 2018-03-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8010-weekly-analysis-wheat-markets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Technical breakdowns and weak cash bids reflect profit-taking after a rally on drought concerns. Prices may remain under pressure until new weather or demand news emerges.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/technically-speaking/blog-post/2018/03/18/weekly-analysis-wheat-markets

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