Wheat is showing a modest early Wednesday recovery after Tuesday’s selloff, when Chicago SRW contracts fell 8 1/4 to 10 3/4 cents. Spring wheat led the decline, and open interest suggested longs were exiting, pointing to pressure from positioning rather than a clear fundamental shock.
Wheat is showing a modest early Wednesday recovery after Tuesday’s selloff, when Chicago SRW contracts fell 8 1/4 to 10 3/4 cents. Spring wheat led the decline, and open interest suggested longs were exiting, pointing to pressure from positioning rather than a clear fundamental shock.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
