Wheat Heads for 8th Straight Weekly Loss, Longest Streak Since 1997

Wheat is on track for its eighth consecutive weekly decline, marking its longest losing streak since 1997.
The extended selloff highlights persistent pressure across agricultural commodity markets.
Eight straight red weeks suggest that bearish momentum has remained unusually consistent, with buyers repeatedly failing to establish a sustained reversal.
For consumers and food producers, lower wheat prices can eventually help reduce input costs for products such as flour, bread and other wheat-based foods.
But commodity prices are only one part of retail food costs, so cheaper wheat does not automatically translate into equally large declines at grocery stores.
From a market perspective, a losing streak of this length can also leave positioning increasingly stretched.
That does not guarantee a rebound, but it makes any shift in supply expectations, weather conditions or speculative positioning more important.
For now, wheat remains firmly under pressure, with the current streak reaching a milestone not seen in nearly three decades.