Wheat Market Outlook - May 15, 2023

Wheat Market Outlook
16/05/2023 13 min

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Episode Synopsis

Mercantile does not expect world buyers to panic and buy wheat. Alternatively, they expect futures to trade in a narrow range while Russia chases more cash outlets at discount to U.S. futures. Mercantile does not expect the funds to buy in their wheat short while cash wheat is at such a discount to futures.






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