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Wheat prices declined on world exchanges after reversing early speculative gains, as precipitation forecasts for US winter wheat areas and expected US acreage increases outweighed record weekly US export sales. March SRW, HRW and HRS futures fell by several dollars per tonne.
Expected larger US wheat plantings and improved rain outlook weigh on prices, though strong export demand limits the decline.
ukragroconsult.comJan 28, 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.
