
Russian wheat export prices fell for a third straight week as weak demand and lower Chicago and Paris prices weighed on the market. Sovecon cut barley by $6 to $248 per tonne, and Russia's 2021 wheat crop estimate was raised.
Traders are adjusting to a high Russian wheat export tax.
Improved Northern Hemisphere weather and a larger Russian crop expectation point to lower Black Sea wheat and barley export prices, although the export tax limits exports.
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.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.
On the move date, Russian wheat and barley export prices fell for a third week on weak demand, a larger Russian crop estimate and lower Chicago and Paris futures, a bearish sentiment signal for feed grains including barley.