Wheat futures slipped below $5 per bushel, hitting their lowest level since mid-August 2020, amid abundant global supplies and softening demand. A large Russian export is set to boost shipments from the Black Sea region, while Australia’s upcoming harvest is increasingly expected to be well above average. In the EU, Germany’s agriculture ministry projects winter wheat output to rise 26% this year. Recent rains have also improved prospects for Northern Hemisphere wheat planting after summer drought conditions. Elsewhere, lingering concerns over weak Chinese demand weighed on the oilseed market, as trade tensions between Beijing and Washington remain unresolved.
作者：Joana Ferreira，文章来源tradingeconomics，版权归原作者所有，如有侵权请联系本人删除。
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