Russian wheat prices have risen in recent weeks, with export tenders winning into key markets at higher levels. Russia subsidized domestic rail freight to move grain to export terminals, and China may have bought 2 to 3 million tonnes of US hard red winter wheat.
Tighter Russian supply and Chinese demand for higher-quality wheat support global wheat prices and US hard red winter values. Subsidized rail freight may extend Russian export flows and cap some of the upside.
Setelah 431 peristiwa perdagangan bullish sebelumnya, Gandum (SRW) bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -1,3% sampai +2,1%), dan +0,5% selama 20 sesi.
Setelah 102 peristiwa perdagangan bullish sebelumnya, Gandum (HRW) bergerak median 0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -2,0% sampai +3,5%), dan -1,4% 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.
Published Jan 20 just before the move, it reported rising Russian wheat prices and possible Chinese purchases of 2-3 million tonnes of US HRW, which point to firmer export demand and supply tightness.