
Chicago wheat jumped about 70 cents early in the week after Russia reportedly quit the UN-brokered Black Sea grain deal. Prices fell back to their starting level after Russia said it would rejoin, and the original deal was set to expire.
Headline-driven swings show how sensitive wheat is to Black Sea shipping risk, and the deal's expiry leaves future export flows uncertain.
Setelah 38 peristiwa geopolitik netral sebelumnya, Gandum (SRW) bergerak median +0,1% selama 5 sesi (53% lebih tinggi; separuh tengah -1,6% sampai +1,5%), dan +0,8% 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.
Describes the week's Black Sea deal whipsaw, with wheat jumping about 70 cents on Russia's exit and then reversing, which is the volatility that surrounds the 11/7 move.