Wheat prices remain high, despite the supply of relatively good data on the market
High quality spring wheat - higher than winter crop
The quality of spring wheat has been the highest in the United States since 2010, and it may still grow
In some EU countries, rainfall increases the quality of European wheat
Despite the relatively dry weather, the quality of wheat in France is 79%.
In the United States, spring wheat quality has been rated at 83% - the highest level after many years - (Bloomberg)
The price of wheat after the publication of the above mentioned quality data tends to decrease. The next WASDE report is expected next week.
High quality spring wheat - higher than winter crop
The quality of spring wheat has been the highest in the United States since 2010, and it may still grow
In some EU countries, rainfall increases the quality of European wheat
Despite the relatively dry weather, the quality of wheat in France is 79%.
In the United States, spring wheat quality has been rated at 83% - the highest level after many years - (Bloomberg)
The price of wheat after the publication of the above mentioned quality data tends to decrease. The next WASDE report is expected next week.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.