CBOT Wheat Holds Neutral Stance with Upside Bias

CBOT December wheat (WZ26) is trading in a neutral range between $6.90 and $6.95-3/4 per bushel. A breakout from this range could indicate a future direction, with a break below $6.90 potentially leading to $6.83-3/4. The market shows an upside bias as it stabilized around $6.90 and bounced off this level.