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Logistics bottlenecks are slowing EU wheat exports, which is holding back the drain on ample domestic supply and pushing EU wheat prices down. The article says only increased export flow could lift prices.
Slow port and logistics flow keeps EU wheat supplies heavy in the domestic market, which pressures wheat prices and makes EU feed wheat competitive for buyers.
zmp.deNov 24, 2017After 137 past bearish logistics events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.0%), and +0.0% over 20.
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.
