# Weekly Wheat Wonders: The Wheat Market Turns on its Head | CZ app

> Wheat markets were weak on March 6, 2020, with SRW wheat down 1 cent in Chicago at $5.20 per bushel and Black Sea wheat down $0.25 at $211.25/mt. EU wheat rose in Paris, while French, Rhine and Hamburg spot milling wheat fell. Good field supplies in France and Germany reduced mill stock-up demand.

- Date: 2020-03-27 · published 2020-03-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/54174-weekly-wheat-wonders-the-wheat-market-turns-on-its-head-cz-app
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Ample crops in Russia, India and Australia and reduced European buying interest point to lower wheat prices for feed buyers.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/weekly-wheat-wonders-the-wheat-market-turns-on-its-head/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.