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Analysts suggest wheat prices may rise in 2017 after years of low prices, citing reduced US production expected for 2017-18. Global supply remains ample, with China's large stocks clouding the global balance sheet.
Expected smaller US output for 2017-18 could support wheat prices if realized, though current supply remains heavy. Feed buyers should watch USDA production estimates.
producer.comadminJan 12, 2017Not 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.
