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KC HRW and CPSR Wheat Analysis Video
Removing the Guesswork
We provide a detailed analysis of Kansas City Hard Red Winter wheat futures and Canada Prairie Spring Red Wheat as of January 29, 2025.
The Weekly and Daily charts are discussed, emphasizing the significance of trend lines and moving averages.
We share the price has been finding support from a trend line dating back to 2019 and highlight key resistance levels around the 50-week and 200-week moving averages.
He explains the importance of breaking through the $6 level for a Bullish sentiment to prevail.
Additionally, he evaluates the Saskatchewan Klarenbach Price Index, showing mixed sentiment ratings across different time frames.
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