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AHDB's weekly UK arable report says dry weather in the Black Sea could support wheat prices, while tight global wheat supplies offer longer-term support. It notes speculative buying in Chicago wheat and maize futures and possible Hurricane Helene disruption to US maize harvesting and exports.
Dry Black Sea weather and tight wheat supplies point to firmer wheat prices, while US maize stocks and harvest disruption from Helene could move corn in either direction.
ahdb.org.ukSep 30, 2024Not 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.
