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Chicago December wheat fell 9.75 cents to 556.25 cents per bushel and Kansas HRW fell 15.75 cents on November 1. Argentina's wheat crop was pegged at 14.5 million tonnes, 2 million below USDA, with frost damage still being assessed.
Lower Argentine wheat and export forecasts could support prices, but routine daily losses in US and Australian wheat keep the market under pressure.
graincentral.comGuest AuthorOct 31, 2023Not 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.
