Wheat (ZW) — Bearish October WASDE (Oct 9) raising US ending stocks 23 million bushels to…
Bearish positioning dominates with managed money net short at 81st percentile (CFTC Oct 13) and October WASDE confirming looser US balance sheet, keeping ZW in a 656-670 consolidation range as the market awaits either further deterioration toward 650 support or a catalyst to trigger short-covering