Wheat Market Outlook - July 24, 2023

from Wheat Market Outlook · host Sask Wheat

Mercantile says crops in Canada and Argentina are struggling. India is poised to be a large wheat buyer, and China has been buying significant volumes. According to Mercantile, with this in mind, there are large stocks of wheat in the EU and Russia, and it seems as if credit issues are impacting demand. This lack of demand is an issue and North American wheat is expensive compared to other origins.

Episode metadata supplied by the publisher feed · Published Jul 24, 2023

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Wheat Market Outlook - July 24, 2023

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