
Canada's 2023/24 durum wheat crop is estimated at 4.2 million tonnes, 20% below last year, due to persistent heat and dryness on the Prairies, with some estimates as low as 3.7 million. US production is pegged at 1.56 million tonnes, and Italy faces quality problems after excessive rain.
Tight global durum supply and quality concerns increase reliance on high-quality imports, which has pushed Italian durum prices higher and supports wheat prices.
Setelah 322 peristiwa cuaca bullish sebelumnya, Gandum (HRW) bergerak median -0,1% selama 5 sesi (49% lebih tinggi; separuh tengah -2,5% sampai +3,2%), dan +1,0% 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.