Gleadell reports that US feed wheat prices rose about $2/t in range-bound trading, while US export inspections fell to 170,000t and EU soft wheat exports are running more than 30% lower year on year. Russian wheat has dominated Egyptian tenders, and the author expects cash wheat supplies to rise in November.
Weak US and EU export demand against cheaper Russian wheat keeps feed wheat prices capped, with Russian origin setting the price floor for international buyers.
Setelah 375 peristiwa perdagangan bearish sebelumnya, Gandum (SRW) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -2,0% sampai +1,1%), dan -0,1% 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.