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Wheat futures and a wheat ETF gained on speculation that China would reopen trade with large US grain purchases, following a Chinese offer to boost US imports. Russia was also considering reducing wheat exports to stabilize its domestic market.
Possible Chinese buying of US wheat and reduced Russian export supply would shift global demand toward US origin and support wheat prices. The effect depends on whether the trade talks produce confirmed purchases.
etftrends.comMax Chen2019年1月22日在过去 431 次看涨的贸易事件之后，小麦(SRW) 在 5 个交易日内中位数变动 +0.0%（50% 上涨；中间一半区间为 -1.3% 至 +2.1%），20 个交易日内为 +0.5%。
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。
Dated Jan 22, one day after the move, it describes the same China-purchase and Russian export-curb speculation that likely drove buying around Jan 21, though the timing is slightly off.
