
The US winter wheat harvest is gathering pace after wet weather earlier in the season caused delays. As of mid-June, 11 per cent of the crop was harvested versus an average of 18 per cent, and the crop condition rating was 61 per cent good to excellent.
Growers are expected to be slow sellers because prices are low.
A larger US winter wheat crop than last year, with good condition ratings, adds to ample world wheat supply and pressures prices. Reluctant farmer selling may limit near-term supply, but the bearish balance still weighs on wheat.
Setelah 334 peristiwa cuaca bearish sebelumnya, Gandum (SRW) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,9% sampai +1,7%), dan -0,2% 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.