Wheat bulls have momentum, and there are compelling fundamental elements to suggest that there is still more upside price potential for the winter wheat futures markets in the coming weeks and months.
Wheat futures markets rallied last week due in part to the Russian consultancy IKAR revising downward its forecast for Russian wheat exports and wheat harvest for the 2024-2025 growing season.
The drought situation across much of the Plains hasn’t improved this year; instead, the latest U.S. Drought Monitor shows it’s growing worse. Now, farmers across a state that typically ...
The wheat prices have remained rather high through the year, so the farmers preferred wheat over other crops. It is not only the threat of the US to impose reciprocal tariffs from 2nd April 2025 ...
While the wheat market might not be respecting the situation, the latest U.S. Drought Monitor shows 53% of the winter wheat crop is in some level of drought, down just 2 points from the previous week.
Gurgaon: Nearly 60% rainfall deficit and unusually warm temperatures have cast a shadow over winter crops with farmers in the breadbasket fearing a sharp dip in wheat yield in the coming days.