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Grain markets sold off in the first week of 2022, with Chicago SRW, Kansas City HRW and Minneapolis HRS wheat falling to multi-month lows. Traders cited larger southern hemisphere wheat harvests and a wheat-short, soy-long spread, while AgRural cut its Brazilian soybean estimate.
Large Australian and Argentine crops weigh on US wheat export demand, while Brazilian crop cuts support soybeans and meal.
albertagrains.comJan 10, 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.
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.
