
Wheat rose for a second session as poor weather in major exporting countries threatened production. Coceral cut its 2024 harvest forecast for the UK and EU, Western Australia reduced its wheat crop outlook on dry weather, and parched fields in the Black Sea region threaten next year's plantings.
Lower harvest estimates from several major exporters tighten global wheat supply and support prices, with Black Sea dryness adding risk to the 2025 crop.
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.
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.
Cuts to UK/EU and Western Australian crop outlooks plus dry Black Sea fields tightened the supply outlook and extended the rally on Sept 23.
Published on the move date, it reports wheat gains driven by supply threats from weather in major exporters (EU/UK cuts, Western Australia dryness, Black Sea dryness), a direct supply-side driver.