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France exported 1.374 million tonnes of soft wheat in August, up 52.5% year on year, and Algeria bought 535,720 tonnes. Iraq plans to cut wheat area, Pakistan holds record 9 million tonnes of wheat stocks, and Bangladesh bought rice from Thailand and India.
Strong EU export flows and Algerian demand support wheat, while Pakistan's record stocks and Iraq's planned area cut point to ample supplies that cap gains.
grainsprices.comGate.BGOct 10, 2017After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% over 20.
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.
