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Euronext September milling wheat settled up 3.00 euros, or 1.7%, at 179.25 euros a tonne on Monday, rebounding from a three-month low. Chicago wheat rose about 2% after a near 10-month low ahead of USDA acreage and stocks data.
Europe's harvest is expected to be smaller, including in France, which could limit downside, but traders see little weather premium, so the bounce is modest for feed wheat pricing.
brecorder.comReutersJun 30, 2020Not 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.
