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US and European wheat futures fell on September 26 on expectations of ample global supply as the Northern Hemisphere harvest neared completion. Healthy Southern Hemisphere crops in Australia and Argentina added to the outlook, and Black Sea offers were steady to slightly softer.
Ample supply from major exporters and softer Black Sea offers weigh on world wheat values, supporting cheaper wheat as a feed alternative.
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.