Wheat Market Sees Mixed Signals: Rain, Sales, and Tenders
Update: 2025-11-20
Description
Despite a dip in futures prices, the wheat market sees a surge in export sales and positive weather forecasts. The USDA announces a significant sale of white wheat to China, and weekly export sales reach a high point. Meanwhile, the Southern Plains anticipates significant rainfall, benefiting upcoming wheat crops. Saudi Arabia issues a tender for wheat, and SovEcon estimates a slightly smaller Russian wheat crop for 2026.
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