
US wheat futures gained across all three major contracts this week, with December CBOT SRW at $7.61, KC HRW at $8.22 and HRW spring at $7.58. Weather concerns and uncertainty over Black Sea exports supported prices, while December corn and November soybeans also advanced.
Rising futures on weather and Black Sea risk raise wheat and corn feed costs for buyers, with drought expanding across the Plains adding upside pressure.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Weekly gains across all wheat contracts with KC HRW at $8.22 on weather and Black Sea uncertainty confirm the week's rally.