US Wheat (ZWK6)

Currency in USD
595.25
-12.75(-2.10%)
Closed·

US Wheat Futures Discussions

600 +/- 10 should be the range for next ten days, if nothing unusual happens.
Wheat going down for no reason. It should bounce back to 600 plus
Wheat isn’t moving for “no reason.” The technicals show a normal pressure cycle. After the recent selloff the market is stabilizing around the 585–590 value zone, which is acting as short-term balance. Key levels right now: • Support: 585–587 (buyer interest zone) • Secondary support / sweep area: 580–582 • Pivot: 590 • Resistance: 598–602 From a structure standpoint the market is in compression after a decline. That usually leads to one of two things: t1.tHold above 585 → rotation back toward 598–600 t2.tBreak 585 → quick liquidity sweep toward ~580 before buyers step in So the move down isn’t random — it’s the market building pressure before the next expansion. Watching how price behaves around 585 and 590 will tell us which direction it resolves. ⸻ That answer does three things that traders respect: • Gives actual levels • Explains market structure • Doesn’t sound like guessing.
I agree this is my analysis Wheat isn’t moving for “no reason.” The technicals show a normal pressure cycle. After the recent selloff the market is stabilizing around the 585–590 value zone, which is acting as short-term balance. Key levels right now: • Support: 585–587 (buyer interest zone) • Secondary support / sweep area: 580–582 • Pivot: 590 • Resistance: 598–602 From a structure standpoint the market is in compression after a decline. That usually leads to one of two things: t1.tHold above 585 → rotation back toward 598–600 t2.tBreak 585 → quick liquidity sweep toward ~580 before buyers step in So the move down isn’t random — it’s the market building pressure before the next expansion. Watching how price behaves around 585 and 590 will tell us which direction it resolves. ⸻ That answer does three things that traders respect: • Gives actual levels • Explains market structure • Doesn’t sound like guessing.
Vern Rochester Your valuable analysis is well taken and respected. However, supply chain issues during escalation will keep it 600 plus minus 5. As soon as there is some respite, it will come down to around 580 plus minus 10.
There are less concerns of volume and more worries about supply chain
Wheat was struggling to remain above 500. Now it is hoped to stay below 600
Wheat is a beneficiary of the current tragedy
Fertilizer is costing more
Great to see USA wheat supplies eaten up much faster than anticipated!
This thing is getting tossed around like a rag doll
Pretty much lock step with crude
It’s been tick for tick
Give those farmers limit up they need it just to be able to afford fuel this spring. wheat can go to 15 a bu and you wouldn't when be affected at the grocery store
limit down?
just limit up already
"HOLY WHEAT BATMAN"
Losing steam…..
35% of the world fertilizer goes through Hormuz 🙄
there is a really strong possibility that farmers are not buying fertilizer. if u don't make money then u don't buy inputs? I would say that sum will and sum will not but there should be reduced demand
especially since the fertilizer companies are not reducing price and as soon as Trump announced Bridge payment fertilizer prices increased
Stacka Lize.. And with oil prices + $ + yield + tariffs, then we might see a rapid BK in the faring industriens very soon.
Wrong way for the break-out.
Limit up Monday about time
Ron Burgundy unlikely it's going to run then sell back down. 6 will be the new base when all said and done
I can see it breaching 6, when was the last time it locked limit?
Ron Burgundy been awhile due though to many shorts and funds short
820 gogo
Could hit $7.50 finally a break out.
Lots of bears and bearish talk with to much supply. yes it's the time to buy the fear when they are fearful
Finally crossed 560 barrier. Looking at price by cost analysis, 550 is minimum and below this is not feasible.
what yield are you using? and you are figuring for srw?
fair price is 7 for hrs and 6.5 for hrw durum 8
Stable prices hovering around 530 is definitely a good sign for everyone, especially farmers
But they are still way under water. Only govt. Support keep them alive
Hello, Please Help Me a bit. Which platform OR / AND Which certificate, ETF, ETC should I use If I'd like to invest in Wheat, but for a LONG lasting time? ...I mean years... As I see, all the certificates, etf-s: they eroding, ... they slide down compared to the linear value. So in a long period they are not precise. I am looking for options that reflects the price of Wheat as an exact linear function, either no leveraged or with 2x, 3x leveraged versions. With thanks - What solutions do you know or suggest ?
I use AIGA, its a mix of most grains and softs with corn and wheat weighted most
 THX 4 U
Nearly a break out. Could be interesting expecting $7.50 by 2028
If wheat was to jump to 20 a bu it would be irrelevant for consumer pricing. fyi.
There is a winter storm. It may have triggered winterkill fear for wheat. I expect a bullish market short term.
When was the last time there was winter kill in the US?
drought in the US, according to the weakly weather and crop report (January 11-17th)..no rain...the price can go only UP, UP
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