Russia is storing a record amount of wheat, with stockpiles up 22% year on year to an all-time high of 33.8 million tonnes, as its export program lags a large crop. Wheat and oilseed markets were modestly lower, with the dollar strong and global supplies heavy.
Large Russian stocks that cannot be exported quickly add pressure on world wheat prices and reduce feed wheat premiums in import markets.
Setelah 375 peristiwa perdagangan bearish sebelumnya, Gandum (SRW) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -2,0% sampai +1,1%), dan -0,1% selama 20 sesi.
Setelah 82 peristiwa perdagangan bearish sebelumnya, Gandum (HRW) bergerak median -0,3% selama 5 sesi (48% lebih tinggi; separuh tengah -2,8% sampai +1,9%), dan +0,1% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Record Russian wheat stockpiles and heavy global supplies combined with a strong dollar weighed on the market (supply and currency).