With good weather and large acreage, wheat falls to its lowest level since 2021

Wheat hit lowest price since September 2021 as good winter harvest weather and large plantings in the US help calm worries about global grain shortages.

Some areas of Kansas, a top producer, benefited from snow over the weekend and more precipitation is forecast for the Southern Plains this week. The moisture surge comes as money managers have increased their bearish bets on Chicago wheat to the highest level in almost four years as supply worries ease on weather setbacks and exports from the war-torn Black Sea.

https://www.independent.ie/business/farming/tillage/grain-prices/wheat-dips-to-lowest-since-2021-on-good-weather-and-big-acreage-42310775.html With good weather and large acreage, wheat falls to its lowest level since 2021

Fry Electronics Team

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