
Wheat futures finished August strongly after a 60 cent plunge over seven sessions, recovering on renewed reports that Russia may limit exports to as little as 25 million tonnes. Production cuts in the EU, Black Sea, Canada and Argentina added support.
Lower EU and Black Sea production estimates and possible Russian export limits tighten supplies relative to USDA projections, supporting wheat prices.
Setelah 182 peristiwa kebijakan bullish sebelumnya, Gandum (SRW) bergerak median +0,1% selama 5 sesi (52% lebih tinggi; separuh tengah -1,9% sampai +1,4%), 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.
Same Russian export-limit reports and production cuts in EU, Black Sea, Canada and Argentina supported the strong month-end recovery, though published a day after the move.