Sometimes it seems as if there is no longer any demand for wheat. That is not the case, as evidenced by a tender from Saudi Arabia. In the US, wheat exports are on schedule. However, the sentiment is not really changing. Due to the shutdown in the US, there is no Crop Progress this week, but we do have figures on soybean planting in Brazil. It is a spring season (southern hemisphere) there according to the book.
Continue reading
Get the complete market analysis
Sign in or start a free trial to read the full insight and connect the analysis with DCA benchmarks, price history and market data.
Complete insightRelated benchmarksHistorical market data
DCA Market Intelligence is an independent Price Reporting Agency for food and agricultural commodity markets. Through benchmark prices, market data and insights, DCA supports producers, traders, retailers and financial institutions worldwide.