Wheat Market Outlook

Wheat Market Outlook - November 6, 2023


Listen Later

Mercantile expects it will be a slow week with a new WASDE report due on Wednesday. Buyers might hope that wheat prices are lower due to the Russian duty reduction, however, Mercantile does not think so. According to Mercantile, wheat is struggling for fresh input amidst a visible lack of demand, while the funds still hold a near record short, and there are planting issues in parts of Europe and South American weather conditions are of concern. Mercantile would hold additional sales for now.

...more
View all episodesView all episodes
Download on the App Store

Wheat Market OutlookBy Sask Wheat


More shows like Wheat Market Outlook

View all
Commodities Focus by S&P Global Commodity Insights

Commodities Focus

29 Listeners

Spectrum Commodities Wheat & Cattle Markets Analysis by Louise Gartner

Spectrum Commodities Wheat & Cattle Markets Analysis

25 Listeners

Your Wealth by NAB

Your Wealth

8 Listeners

Grain Markets and Other Stuff by Joe Vaclavik

Grain Markets and Other Stuff

304 Listeners