EPISODE · Jun 19, 2023 · 7 MIN
Wheat Market Outlook - June 19, 2023
from Wheat Market Outlook · host Sask Wheat
Mercantile says demand remains slow as there is little (if any) new business. Black Sea prices remain at a considerable discount to North American future prices. Mercantile says, it is worth noting that funds were big buyers of new crop. The floor price for Russian wheat has dropped and as harvest approaches and storage is tight, we expect their low prices to continue for a few weeks.
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Wheat Market Outlook - June 19, 2023
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