Laden…
Wheat futures reversed a prior rally, losing almost all gains from the previous week as forecasts improved for US corn states, and rains fell over the EU, Russia and Australia. December SRW fell more than 100 cents in six sessions after rallying about 115 cents, while HRW held its trading range.
Improved rainfall forecasts reduce production risk across major exporters, easing wheat and corn prices. Lower feed grain costs help buyers, though the market remains sensitive to weather.
farmonline.com.auNathan Cattle, Clear Grain Exchange28 jul 2023Na 334 eerdere neerwaarts weer-gebeurtenissen bewoog Tarwe (SRW) zich mediaan -0,2% over 5 sessies (47% hoger; middelste helft -1,9% tot +1,7%), en -0,2% over 20.
Na 70 eerdere neerwaarts weer-gebeurtenissen bewoog Tarwe (HRW) zich mediaan -0,6% over 5 sessies (41% hoger; middelste helft -3,9% tot +2,5%), en -1,1% over 20.
Na 357 eerdere neerwaarts weer-gebeurtenissen bewoog Maïs zich mediaan -0,3% over 5 sessies (44% hoger; middelste helft -2,2% tot +1,3%), en -0,5% 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.
Wheat futures gave back nearly all the prior week's gains as weather forecasts improved and rains fell in the EU, Russia and Australia, which reduced supply concerns; HRW was more range-bound, so the link is partial.
Improved forecasts for US corn states and rains elsewhere erased the prior grain rally, with wheat reversing sharply and dragging corn lower.
