
As of May 16, U.S. hard red winter wheat commercial sales for delivery in the 2019/20 marketing year reached a record 1.08 million metric tons. Weekly sales since early March are running more than four times the prior year's pace and double the five-year average.
Increases to Algeria, Iraq, Nigeria, Saudi Arabia and Thailand drove the gains.
Strong forward buying from importers supports HRW export demand and underpins new-crop Kansas City wheat prices. Analysts credit competitive global pricing and ample exportable supply.
Após 102 eventos altista de comércio passados, Trigo (HRW) subiu em mediana 0,0% em 5 sessões (49% de alta; metade central de -2,0% a +3,5%), e -1,4% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
Record new-crop HRW export sales signal strong demand that supports prices, though it is a slower-moving factor.