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CBOT wheat, Kansas wheat, corn and soybeans closed higher overnight, with Winnipeg canola also up. Wheat firmed on a Statistics Canada estimate of 25.5 Mt, below the 26.2 Mt expected, and strong weekly export sales of 536,000 t.
A smaller Canadian crop and firm export demand support wheat prices, while a weaker dollar helps US and Canadian grain competitiveness. Spring wheat weakness on physical delivery pressure partly offsets the gains.
graincentral.comGuest AuthorAug 31, 2017graincentral.comGuest AuthorAug 28, 2017graincentral.comGuest AuthorAug 29, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
