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JPMorgan expects wheat supply to tighten in the 2026/27 season. It forecasts an average 2026 price of 621 cents per bushel.
A tighter expected supply balance could support wheat prices, although the report provides no specific supply estimate or comparison with earlier forecasts.
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.