EPISODE · Jan 8, 2024 · 8 MIN
Wheat Market Outlook - January 8, 2024
from Wheat Market Outlook · host Sask Wheat
The next USDA report is out on Friday (Jan. 12, 2024). Mercantile says the trade is expecting a smaller winter wheat seeded area. Cold temperatures in parts of Europe, and excessive moisture in parts of the EU are giving rise to some production questions, but harvest in the Northern Hemisphere is still over five months away. Consumers are buying as needed and see no reason to extend coverage beyond that.
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Wheat Market Outlook - January 8, 2024
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