Wheat Heading back to $700-800 range, supply has now surpassed the demand.
Ukraine is now shipping wheat from Moldova and shipping out via train etc
Russia is supplying Ukraine wheat from Mauripol
Russia is supplying wheat to Bandladesh and a number of African countries
Australia has had 20% bumper record crop being on the top 3 wheat producers
Price will go back to normal now it has almost been 6 months since the war has started
Ukraine is now shipping wheat from Moldova and shipping out via train etc
Russia is supplying Ukraine wheat from Mauripol
Russia is supplying wheat to Bandladesh and a number of African countries
Australia has had 20% bumper record crop being on the top 3 wheat producers
Price will go back to normal now it has almost been 6 months since the war has started
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.