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Market Impact: 0.2

Wheat Falling Early on Monday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & Positioning

Wheat is down by double digits in Monday morning trade after slipping lower into the weekend, with Chicago SRW futures finishing Friday down 2 1/4 to 3 1/4 cents. July wheat still ended the week up 4 1/2 cents, but open interest fell by 7,991 contracts on Friday, signaling weaker positioning.

Analysis

Wheat is down by double digits in Monday morning trade after slipping lower into the weekend, with Chicago SRW futures finishing Friday down 2 1/4 to 3 1/4 cents. July wheat still ended the week up 4 1/2 cents, but open interest fell by 7,991 contracts on Friday, signaling weaker positioning.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25