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Wheat closed higher after a moderately strong weekly export sales report, though selling emerged on reports of lower Russian prices paid. Russian Black Sea prices are firming as producers hold back sales, while dry weather in Russia and Ukraine is being watched for yield impacts.
Dry weather in Russia and Ukraine plus producer holding could support Black Sea wheat export prices, while good southern hemisphere crops and Russian yield recovery reports cap upside.
blog.pricegroup.comJack ScovilleAug 29, 2025Not 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.
