Wheat Futures Correct Ahead of Turkish Meeting: Wheat futures worldwide wide ended lower amid lingering hope for the creation of an export corridor in the Black Sea. However, odds are extremely low that anything will come from Wednesday’s meeting in Istanbul, and most important is that Ukrainian officials will not be present. Headline risk persists,…
World Wheat Futures Soar as Black Sea Export Corridor Unlikely; SRW Stays Competitive with French: Wheat futures worldwide on Monday rallied $.40-.60/Bu as Ukrainian exports will not be available in bulk and as its left to other exporters to fill world demand into early 2023. Crop threats persist in Europe via the return of warmth…
US Wheat Futures Correct; US SRW Competitive in World Market: US wheat futures fell another 8-22 cents, with relative strength noted in Minneapolis amid probable spring wheat acreage loss in the US and Canada. Futures markets worldwide have not yet seen any pushback – despite bullish Egyptian tender details and strength in cash markets –…
World Wheat Markets Recovers Following Egyptian Tender: Wheat futures in the US and Europe ended higher on Wednesday as the details of Egypt’s tender result lean bullish. This tender confirmed that securing Russian wheat will be a risky & costly affair (indefinitely), and the coming seasonal increase in ocean freight levels will compound Russia’s inability…
US Wheat Futures Extend Collapse; Egyptian Tender Confirms Russian Origin as Risky Supply: World wheat futures again ended sharply lower amid hope that Ukrainian supplies will be available to the market beginning this summer. It’s important to note that there’s been no fresh or concrete news surrounding next week’s talks in Turkey, but the market…
Contact
submission
You have successfully added an item to your cart! You may view the contents of your cart and proceed with checkout, or continue shopping.
Multiuser
subscription
How many users would you like to add?
