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AHDB's daily grain report says La Niña could return in summer 2024, with NOAA putting the chance at 65% for July to September and 85% for November to January. UK feed wheat futures eased on strong expected US end-of-season stocks and improving Russian crop prospects.
The report notes La Niña often causes major weather changes in many regions.
Expected La Niña weather could affect crop yields in several exporting regions, which supports the price outlook for wheat. Current pressure on wheat prices comes mainly from ample supply, so the weather risk is a longer-term support.
在过去 1,072 次看涨的天气事件之后,小麦(SRW) 在 5 个交易日内中位数变动 +0.2%(55% 上涨;中间一半区间为 -1.4% 至 +2.3%),20 个交易日内为 +0.3%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。