Wheat Market Outlook - February 26, 2024

from Wheat Market Outlook · host Sask Wheat

According to Mercantile, Russia still has wheat to sell and this is lowering world price as the EU needs to reduce stocks. Wheat needs to fight for feed demand as well as milling demand. Meanwhile, Funds have a record short at a time when prices have fallen below the cost of production for growers in some areas. Either costs will need to go down, or markets higher.

Episode metadata supplied by the publisher feed · Published Feb 26, 2024

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Wheat Market Outlook - February 26, 2024

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