Wheat low risk Zone...Wheat is in low risk zone price...
First targets are clear and in any recession or war extension, it can meet higher prices...
Wheatprice
Wheat Futures Are at a Crossroads – Here’s What I’m SeeingAlright, here’s where things stand with wheat futures, and this one feels like it’s balancing on a knife’s edge. We’re sitting right around 571, and honestly, the chart could break either way. Moments like these can be exciting, but they’re also where preparation makes all the difference—whether you catch the right move or get left chasing after it.
If the price drops below 564, we could see it slide down to 554, 543, and maybe even 535. This kind of move would likely mean that supplies are holding strong, or demand is weaker than expected. It might not happen all at once, but once that first level breaks, sellers could pile on, and each support level below becomes the next stop on the way down. It’s like the market testing where buyers are willing to step back in.
But if the bulls get their act together and push above 600, the game changes. That’s the kind of breakout that could attract a lot of momentum and send prices heading toward 620. It wouldn’t take much—maybe bad weather affecting crops or surprising export numbers—and suddenly, we’d see buyers jump back in with force. When a psychological level like 600 cracks, traders love to pile on, and things can move quickly.
This is one of those trades where you’ll want to stay sharp. Just watch the levels, have a plan, and let the market show you the way. Whether it’s a slide down or a breakout higher, there’s opportunity either way. If this breakdown helped, like, boost, follow, and drop a comment—always better when we trade together.
Mindbloome Trader
Wheat (US) - SHORT; SELL it!It's definitely a SHORT, for now.
The Kansas-Chicago differential also indicates a Chicago short here, and then probably a recovery into the new crop.
Wheat analysisWheat prices remain high, despite the supply of relatively good data on the market
High quality spring wheat - higher than winter crop
The quality of spring wheat has been the highest in the United States since 2010, and it may still grow
In some EU countries, rainfall increases the quality of European wheat
Despite the relatively dry weather, the quality of wheat in France is 79%.
In the United States, spring wheat quality has been rated at 83% - the highest level after many years - (Bloomberg)
The price of wheat after the publication of the above mentioned quality data tends to decrease. The next WASDE report is expected next week.
