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Market Impact: 0.2

Wheat Rallying into the Weekend

Source: Nasdaq

Commodities & Raw MaterialsMarket Technicals & Flows

Wheat prices are extending gains Friday, with Chicago SRW up 22–23 cents and KC HRW up 25–26 cents. MPLS spring wheat is also rallying, up 13 cents (reported as “up 13 to…” in the excerpt). Overall momentum appears positive for the wheat complex in near-term trading.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

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