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Market Impact: 0.15

Wheat Sliding on Tuesday Morning

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Wheat futures slipped 2–3 cents across front months on Tuesday, with Chicago SRW nearby contracts down 16–17 cents. The wheat complex also posted losses across all three markets on Monday. Open interest fell by 1,004 contracts, with an additional 1,973 contracts reported as dropping.

Analysis

Wheat futures slipped 2–3 cents across front months on Tuesday, with Chicago SRW nearby contracts down 16–17 cents. The wheat complex also posted losses across all three markets on Monday. Open interest fell by 1,004 contracts, with an additional 1,973 contracts reported as dropping.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.12