AgResource Global Wheat Market Discussion
HRW Maintains Massive Premium to Other Origins; US SRW Competitive with French: Global cash wheat prices have rallied by varying degrees in the last week. Russian fob quotes through October are quoted at $240-255/MT, vs. $235-237/MT in mid-July. Gulf HRW is the world’s most expensive origin at $370, but SRW is not overly expensive at…