
US SRW wheat export prices fell to their lowest among exporters for the first time since September 2020. Funds kept pressing futures lower and adding to record shorts.
Corn and soybeans also eased as funds liquidated longs on reduced US weather concern and weak China buying of US soybeans.
US wheat now undercuts other exporters, which supports export demand but signals ample global supply and pressures feed wheat and corn values.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.