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Farm futures wheat futures sentiment in Farm Futures
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Wheat futures sentiment in Farm Futures remains cautiously bullish as commitment of traders (COT) data shows funds holding net-long positions at three-month highs, historically preceding seasonal rallies. Jack Daniels says its waste will now be redirected to Three Rivers Energy , a renewable energy firm that will convert the material into biogas and fertilizer. Act as market-moving global news & events unfold, in a market that trades during extended hours. Farm Futures market sentiment survey shows 62% of traders expect wheat prices to rally in the next 30 days. Technical analysts are eyeing a possible golden cross on daily charts which historically precedes multi-week bullish trends in grains.