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Market Impact: 0.32
Wheat Extend Rally to 3-Year Highs into the Weekend
Source: Nasdaq
Commodities & Raw MaterialsMarket Technicals & FlowsEconomic Data
Wheat prices pushed to 3-year highs for winter wheats into the weekend. Chicago SRW contracts rose 10 1/2 to 24 1/4 cents on Friday, with September up 85 1/2 cents on the week, while KC HRW futures gained 10 to 24 1/4 cents—supporting a bullish near-term momentum in the complex.
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