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“SovEcon raised its Russian wheat export forecast by 400,000 MT to 43.3 MMT for this marketing year. Last year, they did 40.8 MMT,” Prater said. “Russian wheat production is estimated at 83.6 MMT. July rains have improved yield outlooks for the Australian wheat crop. Some crop estimates have risen 2-3 MMT since June. Some reports have the crop size at over 33 MMT.”
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“All three wheat classes are trading higher this morning along with the rest of the grain complex,” Total Farm Marketing said. “July Chicago w…
ADM Investor Services said, “Prices range from steady to $.04 lower across the 3 classes. CGO July-26 is down $.03 at $5.84 ½. KC July-26 is $…
The Hightower Report said, “A poor finish for wheat yesterday and Chicago wheat is seeing a minor rebound this morning while Kansas City remai…
“Prices ranged from down $.07 in MIAX to $.03 higher in CGO. Winter wheat ratings dipped another 1% to 27% G/E. There was a 3% increase in the…
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