
Chicago wheat and oat futures jumped as much as 8 percent as drought in the Dakotas and Montana intensified and Canadian crop conditions worsened. Spring wheat in Minneapolis hit a four-year high of about $8.16 per bushel and posted a ninth straight gain.
Fund short-covering added to commercial buying.
Smaller expected spring wheat output and tighter quality supplies push feed wheat and oat values higher. Feed buyers should expect firm prices while drought persists.
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 68 eerdere opwaarts weer-gebeurtenissen bewoog Haver zich mediaan -0,8% over 5 sessies (47% hoger; middelste helft -3,6% tot +3,9%), en -0,3% 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.
On the end date, Chicago wheat jumped as much as 8% on intensifying Northern Plains drought, worsening Canadian crops and fund short-covering, a direct supply and sentiment driver of the move.