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UK wheat prices were held back by the Ensus bioethanol plant closure, which left merchants seeking alternative outlets for wheat. Russian grain export forecasts were raised to 38-39 million t total and 33-34 million t wheat, while EU exports to non-EU countries were down 25% on low Black Sea prices.
Higher Russian export forecasts and Black Sea price pressure weigh on world wheat values and limit demand for U.S. and EU wheat.
farming.co.ukNov 2, 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.
