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Minneapolis spring wheat is struggling as forecasters watch the weather. Some rain is forecast for Canada, but a Northstar analyst says there is no real threat to the spring wheat crop yet.
Quality concerns on the hard red winter crop are also weighing on the wheat market.
With no current yield threat to spring wheat, weather is a limited price driver for now. Feed buyers should watch for protein quality changes if Kansas City hard red winter wheat comes in below normal.
rrfn.comCarah Hart12 Jun 2019Setelah 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.
