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Wheat futures closed higher on Friday, with KC HRW gaining most and May up 26 cents for the week. Analysts were divided, citing Southern Plains dryness and strong exports against possible US rains and high carryover stocks.
Mixed analyst views reflect a balanced outlook, with dry Plains weather supporting prices while rain forecasts could weigh on them.
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.