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Wheat markets were mixed in the week to Nov. 19, with Kansas City trading below harvest lows and funds moving to net short there.
Russia reported higher production and expected exports, and Argentine wheat quality was hurt by sprout damage.
Heavy Russian export expectations and Argentine quality losses shift demand toward North American high-grade wheat, but Black Sea competition keeps U.S. wheat prices under pressure.
agriculture.comLouise GartnerNov 19, 2018Not 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.
