# Grains Report 03/04/2024 - Market InsightsMarket Insights

> Jack Scoville's grains report for March 4, 2024 lists CBOT delivery intentions and notes that wheat was mostly a little higher, with SRW futures slightly lower. Russian export prices hit a new low, EU offers were unchanged, and Red Sea attacks gave some support to prices.

- Date: 2024-03-04 · published 2024-03-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/31274-grains-report-03-04-2024-market-insightsmarket-insights
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Large world wheat supplies and weak export sales keep wheat prices under pressure, with only modest support from Red Sea shipping disruptions.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- blog.pricegroup.com: https://blog.pricegroup.com/2024/03/04/grains-report-03-04-2024/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.