
Wheat prices rallied from a May 13 low of $4.185 to over $5.20 a bushel on extreme Midwest weather that delayed planting. Coffee and cocoa also rose, with cocoa supported by production problems in Ghana and Ivory Coast.
Planting delays and downgraded yield expectations support wheat prices, and wheat is a feed ingredient that competes with corn. Trade policy risk could still weigh on export demand.
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.
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.
Describes wheat's rally from the May 13 low to above $5.20 on Midwest weather delaying planting, showing momentum and supply concerns around the move date.