Market sentiment for SRW wheat futures remains cautiously bullish, with export inspections exceeding analyst estimates. A close above $6.35 could trigger momentum buying from algorithmic trading desks. As a crucial reminder , while seasonal patterns can provide valuable insights, they should not be the basis for trading decisions. Traders must consider various technical and fundamental indicators, risk management strategies, and market conditions to make informed and balanced trading decisions. Rising temperatures could increase the amount of land suitable for wheat cultivation, while higher CO2 levels could boost yields. However, farmers will likely still need to adapt by using more resilient varieties of wheat and different farming methods. Meanwhile, as key producer regions face more extreme weather events, wheat prices are likely to remain volatile. SRW wheat futures rose 0.8% to $6.32, driven by tighter-than-expected ending stocks in the USDA WASDE update. Traders note spreads between SRW and HRW wheat narrowing, which may shift hedging flows.