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Minneapolis spring wheat, which led the 2017 grain rally, has been pushed by northwestern Plains drought. DTN compares the current price path with 1988, when prices peaked long before drought eased.
Prices are now falling as drought worsens.
Spring wheat prices appear to be peaking early in the drought, so the rally may be fading before the crop is fully lost. Traders should expect volatility and a possible decline.
在过去 334 次看跌的天气事件之后,小麦(SRW) 在 5 个交易日内中位数变动 -0.2%(47% 上涨;中间一半区间为 -1.9% 至 +1.7%),20 个交易日内为 -0.2%。
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。