December corn (ZCZ25) futures prices lost 2 cents last week, while November soybeans (ZSX25) were down 11 3/4 cents on the week. December soft red winter (ZWZ25) and hard red winter wheat (KEZ25) futures last week fell 2 3/4 cents and rose 1/4 cent, respectively. The grain markets are wavering as U.S. corn and soybean harvesting is moving into high gear, and very large U.S. yields are expected. That’s giving the corn and bean bulls pause amid upcoming seasonal hedge selling from the commercials as farmers ...

December soft red winter wheat (ZWZ25) futures present a buying opportunity on more price strength. See on the daily bar chart for December soft red winter wheat futures that prices overnight hit a five-week high. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture, as the red MACD line is above the blue trigger line and both lines are trending up. The wheat market bulls have gained technical momentum this week. More News from Barch ...