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The weekly AHDB arable report notes global wheat prices were pressured while maize was supported, with Russian export competitiveness and forecast favourable weather weighing on values. US winter wheat was 58% in drought, and French soft wheat planting lagged the five-year average.
Competitive Russian export pricing and a rapid US harvest cap global cereal values, while US drought and slow French planting add some support for barley and wheat over the coming months.
ahdb.org.ukOct 28, 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.
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.
