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European wheat futures fell to their lowest since April as US and Black Sea harvest supplies arrived. Russian and Ukrainian wheat offers were near $200 to $220 a ton FOB, while French production is expected to drop to one of its lowest levels in decades.
Cheap Black Sea wheat offers and expanding harvest supply keep export prices under pressure, with the French crop shortfall a partial offset.
ukragroconsult.comJul 15, 2024Not 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.
