News

Elizabeth Gilbert

Oct 17, 2024

Wheat Futures Hold Steady Amid Export Pressure from Russia and Ukraine

Wheat Futures Hold Steady Amid Export Pressure from Russia and Ukraine

Euronext

Wheat futures remained stable, closing at €228.75/t. This is equivalent to a price of €0.215/kg. The CBOT wheat market also saw slight gains, closing at 585.25 ct/bu, equivalent to €0.215/kg.

Forecast

The market is expected to move sideways, with pressure from large exports out of Russia and Ukraine.





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