Loading…
Steve Freed of ADM Investor Services told a June 1 seminar that COVID-19 has driven market volatility, with record central bank stimulus and falling fuel and feed demand. He expects record world wheat supplies and Australian export competition to weigh on wheat prices.
Expectations of record world supplies and Australian competition point to pressure on US and world wheat prices for feed buyers.
foodbusinessnews.netMatt NoltemeyerJun 3, 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.
