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Market Impact: 0.2

Wheat Starting Friday Action with Firmer Trade

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & FlowsInvestor Sentiment & Positioning

Wheat is starting Friday with modest fractional to 3-cent gains after the complex weakened on Thursday, when Chicago SRW futures fell 4 1/4 to 8 cents into the close. The article points to ongoing pressure in wheat futures and mentions 12 deliveries issued against May, a detail relevant to near-term supply and positioning.

Analysis

Wheat is starting Friday with modest fractional to 3-cent gains after the complex weakened on Thursday, when Chicago SRW futures fell 4 1/4 to 8 cents into the close. The article points to ongoing pressure in wheat futures and mentions 12 deliveries issued against May, a detail relevant to near-term supply and positioning.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15