Loading…
An Oklahoma State University analysis argues that low wheat prices may reflect excess stored wheat and poor milling quality rather than production alone. It cites historical HRW export shares and the 2010/11 price spike driven by poor Black Sea growing conditions.
Commentary suggests low prices may not self-correct through reduced supply, so buyers should not assume a quick rebound from price declines alone. The effect on feed prices is indirect.
farmprogress.comKim AndersonMar 22, 2019Not 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.
