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Wheat futures finished August strongly after a 60 cent plunge over seven sessions, recovering on renewed reports that Russia may limit exports to as little as 25 million tonnes. Production cuts in the EU, Black Sea, Canada and Argentina added support.
Lower EU and Black Sea production estimates and possible Russian export limits tighten supplies relative to USDA projections, supporting wheat prices.
stockandland.com.auMalcolm Bartholomaeus, Market Analyst4 sept 2018Tras 182 eventos alcista de política pasados, Trigo (SRW) se movió una mediana de +0,1 % en 5 sesiones (52% al alza; mitad central entre -1,9 % y +1,4 %), 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.
Same Russian export-limit reports and production cuts in EU, Black Sea, Canada and Argentina supported the strong month-end recovery, though published a day after the move.
