Analysis

Tight supplies boost markets

By Malcolm Bartholomaeus
October 23 2021 - 11:00am
Tight supplies boost markets
Tight supplies boost markets

Last week's monthly United States department of Agriculture World Agricultural Supply and Demand Estimates Report breathed a little more life back into the wheat market. The data shows that global wheat supplies remain tight, particularly within the major exporters, with significant pressure on supplies of higher protein milling wheats because of the drought in US spring wheat areas and Canada, and the rain damage suffered by crops in the European Union.

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