We analyze the trends in Hard Red Spring Wheat, focusing on futures contracts on the Minneapolis Grain Exchange and Canadian Western Red Spring wheat cash prices.

The analysis covers weekly and daily charts, showing a significant downtrend since May 2022 but noting a slowdown in this downtrend due to historical support and resistance levels.

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Video Transcripts

00:00 Introduction to Hard Red Spring Wheat

00:19 Analyzing Weekly Futures Contract

01:48 Daily Chart Analysis

02:38 Member Area Insights

03:24 Price Index and Trend Lines

05:53 Divergence Between Cash and Futures Prices

06:46 Conclusion and Final Thoughts

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