
China's wheat output could fall as much as 20 percent this crop year after bad weather hit fields in major growing areas. Traders and an analyst expect this to boost Chinese wheat imports.
International wheat prices had already risen nearly 15 percent since early April on tight global supply worries.
A large Chinese crop shortfall would increase import demand from the world's largest wheat consumer, adding upward pressure on global wheat prices. Feed buyers should expect firmer wheat costs.
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.