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Grain futures rose on Friday, with CBOT wheat up 20.75c, Corn up 7.25c and Soybeans up 3.5c. Wheat led gains on dryness in Australia and Canada and Black Sea uncertainty, while corn followed after China cancelled its anti-dumping probe and tariffs on US sorghum.
Dryness in key exporters and China lifting tariffs on US sorghum support feed grain prices, and tighter stocks add upside pressure.
graincentral.comGuest AuthorMay 20, 2018Not 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.
Daily wire (dated 21 May) cites wheat leading grain gains on dryness in Australia and Canada and Black Sea uncertainty, supply-risk drivers directly tied to the move window.
