Weak demand weighs on Chicago wheat prices
Over the week of July 31–August 6, Chicago wheat futures fell by 32.20 USc/bu to 631.2 USc/bu.
The lack of strong buying interest in US wheat, as well as news of Ukraine’s efforts to secure alternative export routes, increased pressure on futures. The future trend in wheat prices will largely depend on the logistical situation in the Black Sea.
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