Wheat prices are under pressure from improved weather conditions for the new crop
CBOT wheat slipped over April 18–24 under pressure from improving crop prospects.
Over the week, SRW wheat has dropped by 19.4 cents to 529.2 cents per bushel.
Key driver: rains across US Southern Plains + better outlooks for russian winter wheat. More rain is on the radar, keeping buyers defensive.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea & Danube Grain Market” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
Argentina expands sunflowerseed production and crushing amid high global sunflower...
Spanish producers call for withdrawal of up to 20% of olive oil from market amid f...
Jordan buys 60 thsd tons of wheat in tender
China’s corn production forecast to rise to 306 mln tons in 2026/27 MY
Malaysian palm oil prices fall nearly 2% amid record stockpiles
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon