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The September WASDE was broadly neutral for US wheat, with US 2019-20 ending stocks unchanged at 1.014 billion bushels. World ending stocks were raised slightly, and Australia was cut 2 million tonnes.
ABARES lowered its Australian wheat estimate to 19.2 million tonnes as dryness spread across the main growing region.
Lower Australian, Russian and Ukrainian crops tighten the export supply outlook, which supports wheat prices after multi-year lows. Continued dryness in Australia, Brazil and Ukraine could extend the support.
agweek.comRay Grabanski, Progressive Ag15 sept 2019Tras 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.
