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Chicago wheat futures traded flat near 33-month lows after Canada's production forecast was raised by less than expected. Ample Russian supply capped gains, with CBOT most-active wheat at $5.94-1/2 a bushel.
Record Russian export volumes cap wheat rallies, keeping US wheat prices near multi-year lows and weighing on feed grain substitution economics.
reuters.comSep 15, 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.
