Wheat prices fell sharply on bigger-than-expected harvests in Russia and neighbouring countries. Egypt's state buyer contracted 355,000 t of wheat from Russia and Ukraine for September delivery, and Tunisia, the Philippines, Thailand and Iraq are reported to be interested in tenders.
Cheaper Black Sea wheat and a wave of import tenders from major buyers add demand to a well-supplied market. This is likely to support export volumes from Russia and Ukraine and keep global wheat prices subdued.
Na 375 eerdere neerwaarts handel-gebeurtenissen bewoog Tarwe (SRW) zich mediaan -0,2% over 5 sessies (47% hoger; middelste helft -2,0% tot +1,1%), en -0,1% 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.
Bigger-than-expected Russian and regional harvests pushed international prices lower and let Egypt buy cheap Black Sea wheat, which undercuts US export competitiveness and adds bearish supply pressure.