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CBOT wheat was up 0.5% at $6.06-3/4 but down 3% on the week, heading for a ninth weekly loss. Prices hit $5.93-1/4 on Wednesday, the lowest since July 1, and sit nearly 25% below September highs reached during Black Sea supply disruptions.
A prolonged slide in wheat prices lowers the cost of wheat in feed rations, and easing Black Sea risk removes the supply premium built earlier.
brecorder.comOct 30, 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.
