Wheat Market Outlook - March 20, 2023

Wheat Market Outlook
20/03/2023 9 min

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Episode Synopsis

Mercantile suggests Russian wheat continues to dominate the wheat trade. Russian farmers had a big crop, and they are strong sellers at current prices. With a new wheat crop coming shortly in Europe, Mercantile presently doesn’t see any independent strength in wheat. The wheat market will follow corn, which, in the short-term, will be following the pace of US export sales.
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