Seasonal Wheat ChartSeasonal wheat chart displays consistent tendencies at tops and bottoms. Picture of seasonal wheat covers 40 years. From this chart it is easy to pick out the normal price tendencies. Lows are general made in July and August right after harvesting is completed.
Chart courtesy of Moore Research Center, Inc. Moore Research Center, Inc.
Wheat Chart For December FuturesBy examining the wheat chart for this year we can see price declining from The April high right into the beginning of August. This four month decline is followig the seasonal wheat chart pattern to the letter....so far.
December Wheat04 courtesy of BarChart.com
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