Loading…
U.S. wheat futures fell as rain and snow across the Plains improved crop prospects. Russia cut its 2020/21 wheat export estimate to 36.3 million tonnes due to an upcoming export tax.
Improved US crop conditions add supply pressure, but the Russian export downgrade and tax provide offsetting support for global wheat prices.
brecorder.comReutersDec 28, 2020Not 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.
