Wheat opened Friday with slight weakness after Thursday’s rally, when KC HRW futures led the complex with gains of 10 1/2 to 29 1/4 cents, led by front-month contracts. The article notes modest new buying interest and open interest changes, indicating supportive flow but no major fundamental catalyst. Overall, the move appears technical and flow-driven rather than a broad market shock.
Wheat opened Friday with slight weakness after Thursday’s rally, when KC HRW futures led the complex with gains of 10 1/2 to 29 1/4 cents, led by front-month contracts. The article notes modest new buying interest and open interest changes, indicating supportive flow but no major fundamental catalyst. Overall, the move appears technical and flow-driven rather than a broad market shock.
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neutral
Sentiment Score
0.05
