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Chicago wheat and Paris milling wheat rose 2.0% and 0.4% over the week, and Chicago maize gained 0.1%. Prices spiked early in the week on Russia's exit from the Ukrainian corridor, then eased when Moscow said it would rejoin.
Tight global maize and barley outlooks keep feed grain prices supported, though market optimism over the corridor limits gains.
ahdb.org.ukNov 7, 2022Not 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.
AHDB report dated 11/7 on the week's price spike and reversal around Russia's corridor exit and rejoining, which directly covers the period of the move.
