
Wheat prices rallied from April 18 to May 13, with July CBOT futures rising from $5.53 to $6.87 per bushel, the highest since August 2023. The rally was driven by severe frosts in central and southern Russia in early May and dry conditions affecting Russian crop development.
Weather damage to Russian wheat cuts export supply in a major exporting region, lifting global wheat prices. Continued stress during heading and flowering could add further upside.
Na 1.072 eerdere opwaarts weer-gebeurtenissen bewoog Tarwe (SRW) zich mediaan +0,2% over 5 sessies (55% hoger; middelste helft -1,4% tot +2,3%), en +0,3% over 20.
Na 322 eerdere opwaarts weer-gebeurtenissen bewoog Tarwe (HRW) zich mediaan -0,1% over 5 sessies (49% hoger; middelste helft -2,5% tot +3,2%), en +1,0% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
The frost and dryness-driven rally to a multi-month high on May 13 left HRW overextended, so the -6.77% drop on May 14 was likely a reversal as that weather premium was unwound.