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Market Impact: 0.25

Wheat Falling Lower on Friday AM Trade

Commodities & Raw MaterialsCommodity FuturesTrade Policy & Supply ChainGeopolitics & WarMarket Technicals & FlowsInvestor Sentiment & Positioning

Wheat futures are trading lower across all three exchanges, with Chicago SRW down 11 3/4 to 18 cents early Friday after pressure spread through grains on Thursday. The market saw limited support from the Trump/Xi meeting, which produced few headlines about potential agricultural purchases. The tone is bearish as traders continue to lack a clear demand catalyst.

Analysis

Wheat futures are trading lower across all three exchanges, with Chicago SRW down 11 3/4 to 18 cents early Friday after pressure spread through grains on Thursday. The market saw limited support from the Trump/Xi meeting, which produced few headlines about potential agricultural purchases. The tone is bearish as traders continue to lack a clear demand catalyst.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35