Wheat Futures Fall on Ukrainian Export Optimism, Strong Dollar into US Central Bank Rate Hike: US wheat futures traded in a range of 36-37 cents as initial buying faded amid continued hope that Ukraine would begin loading new vessels in the weeks ahead. Spring wheat contracts paced the decline as this week’s tour of the…
World Wheat Markets Extend Recovery on Cash Market Strength, Ongoing Demand: US and European wheat futures rallied another $.30-.45/Bu following additional Russian attacks on Ukrainian port infrastructure overnight. Importers remain active in seeking supply, with Iraq planning to buy another 1.5 MMTs of optional origin to boost reserves and as Lebanon has voted to spend…
World Wheat Markets Add Premium; Russian Supply Expensive: US and European wheat futures ended higher amid growing uncertainty over the pace of exports from both Ukraine and Russia. Russia’s attack on Odessa raises many questions as to the future of the recently signed corridor pact. This also served as a reminder that war rages on…
World Wheat Markets Extend Collapse on Signing of Black Sea Corridor Deal: US and European wheat futures ended sharply lower as market hopes are higher than ever that Ukrainian wheat is free to enter the world market and that Russian logistics become easier/smoother by late summer/early autumn. Russian wheat production is likely to be a…
World Wheat Markets End Widely Mixed; Signing of Ukrainian Corridor Possibly Imminent; Black Sea Shipments to Stay Challenged: US wheat futures slipped into the close, while Sep Paris milling wheat rallied $.30/Bu following confirmation of Egypt’s sizable purchase of French origin. The EU’s easing of Russian sanctions and news that a deal to create an…
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?
