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Barchart
Barchart
Jim Wyckoff

Winter Wheat Rallies Keeping Corn, Soybeans Afloat; Cotton Prices Continue to Surge

July soft red winter (SRW) wheat (ZWN26) futures on Friday fell 7 1/4 cents to $5.99 1/4 and for the week were up 18 1/2 cents. July hard red winter (HRW) wheat (KEN26) futures lost 5 cents to $6.50 but for the week were up 45 cents. 

The winter wheat futures markets on Friday saw some routine profit-taking pressure heading into the weekend. However, it was a good week for the bulls, which suggests some more price strength this week.

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