Wheat Holds Supports - 2.5 - Louise Gartner
Wheat spent the week trying to hold last week's lows in very choppy price action. An early weak bounce was followed by a late week sell-off that did take out last week's lows by just a few cents, only to have the buyers step in again and support the market. Indeed, with all of the turmoil in the financial markets this week, it was pretty impressive just to see wheat hold its own and brush off the outside pressure. more