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Overnight grain markets made small mixed moves, with Chicago and Kansas wheat up and corn and soybeans slightly lower. A preliminary inspection of a possible mine-like object in the Black Sea export corridor halted ship traffic, and Rosario cut Argentina's 2022-23 wheat forecast to 13.7Mt amid drought.
Argentine wheat cut to 13.7Mt from 15Mt tightens South American exportable supplies and supports wheat prices, while Black Sea shipping disruption adds risk premium.
graincentral.comGuest AuthorOct 26, 2022Not 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.
