
A Clear Grain Exchange commentary reviewed the ABARES December report and the USDA WASDE. It noted ABARES' 62.025 million tonne winter crop, and that USDA adopted Australian production figures and cut Argentine output while raising Russian output.
Projected major-exporter wheat ending stocks were about 53 million tonnes, down 5 million year on year.
Tighter projected exporter stocks support wheat prices even with a record Australian crop, so the net effect depends on whether Russian supply gains are realised.
Setelah 769 peristiwa laporan bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (53% lebih tinggi; separuh tengah -1,4% sampai +2,0%), 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.