Matif and CBOT wheat fell for a ninth consecutive week, with Paris and Chicago near recent lows. Black Sea FOB offers remain deeply discounted to EU origin, with Ukrainian FOB out of Odesa softening over October.
Ample Black Sea and EU supply keeps export prices under pressure, while speculative shorts and weather risks in winter wheat regions could spark short-covering rallies. Feed wheat buyers can expect cheap alternatives to corn in the near term.
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.