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.
Watch our Video Below
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
Subscribe to Premium to read the rest.
Become a paying subscriber of Premium to get access to this post and other subscriber-only content.
Upgrade