Loading…
KC July wheat rallied and formed a bullish reversal pattern after several months of choppy trade near season lows. U.S. export sales are running ahead of last year, while Russia's planned second-half export cap and possible winterkill in hard winter wheat areas are cited as supports.
Export demand and a possible Russian export cap could tighten wheat supplies, and a fund short-covering rally could lift prices further.
dtnpf.comDana MantiniJan 29, 2025Not 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.
