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Exceed Grain Marketing's weekly outlook reports global cash wheat prices were generally lower last week, led by weak French wheat after a small crop. Russian exporters are offering wheat around $237/mt FOB, below the unofficial price floor.
October saw mixed wheat prices with North American wheat higher.
Cheap Black Sea offers and weak French prices cap global wheat values, keeping feed wheat competitive against corn.
saskwheat.caOct 28, 2024
saskcanola.comWritten By SaskOilseedsOct 29, 2024Not 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.
