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US wheat futures fell for a third day on May 9 after forecasts of rain in key central growing areas. The July SRW, HRW and HRS contracts all declined, and Taiwan bought about 99,200 tonnes of US milling wheat.
Benign rain forecasts for the US Plains and Midwest ease weather premium in wheat prices. Steady export tenders limit the downside.
fastmarkets.comthe Fastmarkets teamMay 12, 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.
