
Russian wheat prices in deep-sea ports rose $3 to $247/mt FOB, the first increase since the early-March sell-off. The rise followed higher global benchmarks, supported by dry weather in North American spring wheat areas and cold in the Midwest.
Analysts say a major escalation of Russia-Ukraine tensions is unlikely but would be bullish if it reached 2014 levels.
Weather-driven gains in global wheat benchmarks lift Black Sea offers, which raises the cost of wheat for feed use. Continued dryness in key spring wheat regions would support prices further.
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.