
Chicago winter wheat futures rallied to seven-month highs above $5 a bushel in March on fears that an intensifying drought in the US Plains would hurt crops. Planted winter wheat acreage is already at a 109-year low.
Hard red winter wheat supplies are tight, and millers have been paying historically high premiums for top-quality grain.
Drought risk to the hard red winter crop and already tight high-protein supplies support prices for wheat used in feed and food. Buyers of wheat-based feed should expect firm KC wheat prices while the dry weather persists.
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.
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.