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US wheat gained 2-3% overnight while Winnipeg canola rose 3%, with Chicago, Kansas and Minneapolis December wheat contracts reported lower on the day. Russian strikes hit Mykolaiv, killing a major Ukrainian grain company owner, and the first Ukrainian grain ship awaited departure from Chornomorsk.
Routine price moves with mixed signals; the pending first Ukrainian shipment is the key supply factor for global wheat pricing.
grainpricenews.comMike VerdinJul 25, 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.
