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Market Impact: 0.15

Wheat Slipping Back on Wednesday Morning

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & FlowsInvestor Sentiment & Positioning

Wheat futures are weaker in most contracts early Wednesday after a mixed Tuesday close, with Chicago SRW up 2 1/4 to 3 3/4 cents while spring wheat finished lower. Open interest pointed to modest new buying, suggesting limited but positive positioning interest despite the overnight softness.

Analysis

Wheat futures are weaker in most contracts early Wednesday after a mixed Tuesday close, with Chicago SRW up 2 1/4 to 3 3/4 cents while spring wheat finished lower. Open interest pointed to modest new buying, suggesting limited but positive positioning interest despite the overnight softness.

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Market Sentiment

Overall Sentiment

neutral

Sentiment Score

-0.10