DTN's Todd Hultman reports that a wet spring cut U.S. soft red winter wheat production to 258 million bushels in June, the smallest since 2010. Chicago September wheat reached $5.57 1/4 on June 27, a 14% premium over Kansas City wheat, the widest since 1979.
Smaller SRW supplies drove a premium that has since faded as world supplies recovered, so the rally appears less durable. Buyers should weigh the record global crop outlook against regional tightness.
Setelah 224 peristiwa cuaca netral sebelumnya, Gandum (SRW) bergerak median -0,1% selama 5 sesi (46% lebih tinggi; separuh tengah -1,4% sampai +1,5%), dan +0,4% 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.