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World wheat prices fell as the Northern Hemisphere harvest began early and demand for old-crop wheat weakened. Chicago wheat hit its lowest level since February, with some partial rebounds, and U.S. winter wheat harvest was 41% complete.
Early harvest pressure and weak old-crop demand point to lower wheat values, which can cheapen wheat as a feed ingredient versus corn.
ukragroconsult.comJun 29, 2022Not 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.
