News

Elizabeth Gilbert

Oct 15, 2024

Wheat Prices Under Pressure – Russia Completes Harvest, Exports Remain Strong

Wheat Prices Under Pressure – Russia Completes Harvest, Exports Remain Strong

Current Prices: Wheat futures on Euronext fell by €0.25, closing at €0.22875/kg. At the CME, December wheat dropped to €0.197/kg.

Forecast

In the coming week, large export volumes from Russia are expected to continue putting pressure on prices. However, rain in the Southern U.S. Plains and Russian regions could help stabilise the market.





Click here to reach our trading platfrom CMBroker
cmb logo
This website uses cookies to ensure you get the best experience on our website. Learn more