AHDB's weekly grain report says global wheat futures rose for a second week, with Chicago Dec-21 up $5.52/t to $265.91/t on Russian export tax concerns and steady feed and milling tenders. US harvest pressure kept maize flat, and the market awaits confirmation of northern hemisphere harvest size and quality.
Wheat strength supports feed wheat and barley values, while US harvest pressure and possible biofuel mandate cuts weigh on corn demand and prices.
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.