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Fastmarkets' weekly recap reports Chicago wheat futures plunging over the week while Tunisia's ODC bought 75,000 tonnes of soft wheat at $268.16 per tonne CFR from Bunge. Black Sea and Australian FOB wheat assessments were down $2-3 per tonne week on week.
Lower futures and softer Black Sea and Australian export prices point to cheaper wheat supply for feed use. Competitive tender pricing confirms that export markets are well supplied.
fastmarkets.comMasha Belikova, Ryan Capozziello, Marcela Caetano, Eduardo Tinti, Yuri SiroshJul 1, 2026Not 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.
