Durum Wheat Update

This report delves into critical aspects of the Durum wheat market, offering a comprehensive analysis of price trends, technical indicators, and sentiment across multiple indices and regions. 

Key topics include:

• SEDWI European Durum Wheat Index: Evaluation of weekly and daily price trends, Fibonacci retracement levels, and moving averages.

• Klarenbach CWAD Saskatchewan Price Index (KPI): Analysis of local price dynamics, resistance levels, and sentiment shifts.

• US Durum Wheat Index: Overview of price movements, support and resistance levels, and long-term trends.

This high-level overview combines technical analysis with sentiment ratings to provide actionable insights for market participants.

We track our SELL SIGNALS against the crop-year Current, Average and High prices in the Member Area of our website.

We aim to be above the crop-year average and within 10% of the high.

Notice how the current price is trading above the crop-year average. Delaying sales has been an effective strategy, but we have not published any Sell Signals.

Our strategy for conditions like this year’s Durum market is to sell to meet cash-flow needs but delay additional sales until the market provides more information.

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