Wheat Market Outlook - April 24, 2023

Wheat Market Outlook
24/04/2023 9 min

Listen "Wheat Market Outlook - April 24, 2023"

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Episode Synopsis

Mercantile believes Russian new crop supplies should be ample, and prices are still attractive to Russian growers and assumes Russia will again be an aggressive
seller of wheat for the Sept. - Dec. period. According to Mercantile, the future of Ukraine’s wheat crop and their ability to move it remains difficult to assess. Rain in the U.S. will probably not change crop prospects there materially, and while conditions have improved, Mercantile says Canada still needs to get a crop in the ground.



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