CBOT wheat for December has risen about A$40/t since early August as the market has steadily strengthened. Russian farmers are planting winter wheat into dry conditions, and Russian officials have hinted at possible wheat export quotas.
Russia is the largest wheat exporter, so dryness and potential export quotas tighten global wheat supply and support export prices. Australian basis has narrowed as a result.
Setelah 1.072 peristiwa cuaca bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,3%), dan +0,3% 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.