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ADM's Jonathan Lane says wheat prices firmed on tightening supplies and rising demand, with US wheat up $13-14/t on the week. Paris front-month wheat hit a 7.5-year high as EU supplies tighten, and EU soft wheat exports trail last season's pace.
Tighter EU and US supplies push up wheat prices, raising feed wheat costs for buyers in Europe and the US.
farming.co.ukFeb 26, 2021Not 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.
