Minnie Hard Red Spring Wheat is making higher highs on the weekly chart, as indicated with the red arrows.
However, it is facing headwinds from the declining purple 200-week Moving Average.
Optimism is tempered until a new high above 760, and ideally, that 200 begins advancing.
I cover this technical setup and specific price targets in depth in the Klarenbach Grain Report.Â
Join 3,500+ farmers getting sell signals and technical roadmaps here:
Trent Klarenbach, BSA AgEc, PAg, publishes the Klarenbach Grain Report and the Klarenbach Special Crops Report. Â
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