Wheat Market Outlook - January 20, 2025

The trade remains focused on the general lack of demand in the global markets. There are some potentially problematic production spots in Europe, but right now, all the major origins have wheat to sell, and demand is lack-luster. In Canada, the trade is watching for the announcement (or lack thereof) of tariffs on Canadian products following the U.S. Presidential Inauguration. Mercantile suggests growers hold sales for now.