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AHDB analysis says recent export restriction talk in the Black Sea, including Ukraine, Russia and Kazakhstan, has caused short-term volatility in wheat. UK feed wheat futures fell on the day, with the old-crop May contract at £155.25/t and new-crop November at £164.50/t.
Analysts expect large global wheat crops next season to keep the market fundamentally bearish.
Export bans can add short-term support to wheat prices, but large expected global crops are likely to limit any lasting rally for feed buyers.
ahdb.org.uk2 abr 2020Tras 137 eventos neutral de política pasados, Trigo (SRW) se movió una mediana de -0,4 % en 5 sesiones (43% al alza; mitad central entre -1,9 % y +1,2 %), y +0,3 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
