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Western Canadian wheat bids fell during the week ended October 26, with durum showing the largest losses. US wheat futures were pressured by rain over winter wheat areas and export sales near the low end of expectations.
Weak export sales and falling Canadian and US bids signal soft demand, pushing farm-gate wheat values lower for feed buyers.
grainews.caGFM Network NewsOct 30, 2023Not 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.
