Wheat fell 4.9% and corn fell 2.8% this week
Farm goods in the past five trading days, measured with exchange-traded funds: Wheat −4.9%; corn −2.8%; soybeans −0.3%; sugar −1.4%. Our model's read of each is on its call page.
Over the week to Friday 23 October, Wheat fell 4.9%; corn fell 2.8%; soybeans fell 0.3%; sugar fell 1.4%; agriculture basket fell 1.3%. For wheat, corn, soybeans, sugar, agriculture basket, the figures are those of exchange-traded funds that hold futures, used as proxies because futures prices are not in our data plan, so they can differ from the spot price.
StocksXray's model reads 2 of these 5 markets as bullish and 0 as bearish. The strongest call is Sugar: strong bullish, score +54, high confidence. Each market's reasoning and risk levels are on the commodity calls pages.
In the CFTC positioning report dated 20 October, large speculators sit at 65 on a 0 to 100 scale for wheat (0 is their most short in the past 104 weeks, 100 their most long).
The numbers
| Market | Last | Day |
|---|---|---|
| Wheat | 22.83 | −0.04% |
| Corn | 17.68 | −0.56% |
| Soybeans | 26.79 | +0.56% |
| Sugar | 12.15 | +0.75% |
| Agriculture basket | 27.87 | −0.18% |
More raw-material news
This brief was generated by StocksXray from our own market data, using fixed templates and automated checks. See how our news is made in the editorial standards.
Educational only, not financial advice. Numbers beside the story are from our own data.