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Euronext front-month March milling wheat settled up 3.7% at 237.50 euros a tonne on February 21, nearing a 7.5-year high. Tenders from Pakistan and Tunisia and big export loadings tightened European supplies, while Russia's planned export taxes cast doubt on Russian shipments.
Tight European supplies and uncertainty over Russian exports lift global wheat values, supporting feed wheat and barley costs.
brecorder.comReutersFeb 21, 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.
