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Chicago wheat futures slid for a second session after hitting a December 2012 high of $8.07 a bushel, with the most-active contract at $7.89 at midday. Paris wheat was flat after a record high of 297 euros a tonne, and USDA reported US winter wheat good-to-excellent ratings fell to 45%.
Profit-taking after record highs shows some demand resistance, but tight global supplies keep wheat firm, supporting feed grain values.
financialpost.comReutersNov 3, 2021financialpost.comReutersNov 3, 2021Not 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.
