Loading…
CODAK notes that spring wheat has traded in a narrow range since November but is showing signs of an upturn in 2025. Reports point to falling Black Sea wheat supplies and exports, and the EU faces a similar situation.
The dollar index has fallen below 108, and MATIF wheat is a key level to watch.
Lower exporter supplies and a weaker dollar can lift wheat prices. Traders are watching whether MATIF resistance breaks to confirm a rally.
codakgroup.comGarret BrownJan 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.
