Loading…
Euronext wheat eased from a life-of-contract high after a rally driven by strong export demand, rumoured French wheat sales to China, and higher energy costs. December milling wheat settled 0.6% lower at 276.50 euros a tonne, and Chicago futures also weakened.
Profit-taking after a sharp rally leaves European wheat prices high, and buyers may see some demand shift from wheat to maize as feed prices rise.
brecorder.comReutersOct 21, 2021Not 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.
