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Wheat futures continued to make fresh lows as HRW and HRS crops came in better than expected and SRW and SWW supplies are large. Export sales of white and spring wheat are leading, while HRW and SRW trail the USDA pace.
Large US supplies and weak export competitiveness for hard red wheat keep prices under pressure, supporting cheap wheat for feed use.
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.