Bet on Continued Upside in Wheat Prices Now with This 1 Trade Idea

May soft red winter wheat (ZWK26) futures present a buying opportunity on more price strength. See on the daily bar chart for May SRW wheat futures that prices are trending higher and on Thursday hit a nearly three-month high. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is also in a bullish posture, as the blue MACD line is above the red trigger line and both lines are trending higher. More News from Barchart Fundamentally, better U.S. trade rela ...