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New crop wheat prices were volatile after a USDA global forecast cut Russia's wheat crop to 68.5 million tonnes due to a wet spring. Global 2018-19 wheat production was lowered 3.1 million tonnes to 744.7 million, with EU and Australian estimates also reduced.
Prices then fell back amid US-China trade concerns.
A sharp cut to Russian and global wheat output tightens export supplies and supports wheat prices, though trade worries capped the rally.
fwi.co.ukJonathan Riley15 jun 2018Tras 769 eventos alcista de informe pasados, Trigo (SRW) se movió una mediana de +0,2 % en 5 sesiones (53% al alza; mitad central entre -1,4 % y +2,0 %), y +0,2 % 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.
