Nothing has changed fundamentally. This seasonβs market fundamentals have been bearish with large supplies combined with sluggish consumption in a food inflationary context. However, prices cannot fall, indefinitely, below farmerβs cost of production without impacting world supplies. Prices are therefore rebounding on key support levels for good reasons: risks are ahead of us as we are entering the key season for future world supplies.
Read moreunk1 | Contract | Month | Last | unk2 | unk3 | Chg | Open | High | Low | Volume | OpenInt | Exchange | Date | Time | Title | File |
t-ice | LONDON WHEAT | Mar '24 | 160.95s | 160.95 | s | +2.45 | N/A | N/A | ICE | 18/03/2023 | 18:15:36 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | |||
t-ice | LONDON WHEAT | May '24 | 166.95s | 166.95 | s | +2.45 | 166.25 | 167.45 | 164.95 | 253 | 3501 | ICE | 18/03/2023 | 18:15:36 | LONDON FEED WHEAT | LONDON_FEED_WHEAT |
t-ice | LONDON WHEAT | Jul '24 | 171.95s | 171.95 | s | +2.45 | N/A | 171.95 | 30 | ICE | 18/03/2023 | 18:15:36 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | ||
t-ice | LONDON WHEAT | Nov '24 | 187.75s | 187.75 | s | +2.45 | 187.00 | 187.75 | 186.00 | 114 | 5637 | ICE | 18/03/2023 | 18:15:36 | LONDON FEED WHEAT | LONDON_FEED_WHEAT |
t-ice | LONDON WHEAT | Jan '25 | 190.40s | 190.40 | s | +2.45 | N/A | 190.40 | ICE | 18/03/2023 | 18:15:36 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | |||
t-ice | LONDON WHEAT | Mar '25 | 193.05s | 193.05 | s | +2.45 | N/A | 193.05 | ICE | 18/03/2023 | 18:15:36 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | |||
t-ice | LONDON WHEAT | May '25 | 195.70s | 195.70 | s | +2.45 | N/A | 195.70 | 750 | ICE | 18/03/2023 | 18:15:36 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | ||
t-ice | LONDON WHEAT | Jul '25 | 197.15s | 197.15 | s | +2.45 | N/A | 197.15 | ICE | 18/03/2023 | 18:15:36 | LONDON FEED WHEAT | LONDON_FEED_WHEAT |
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