Wheat Market Update: Exports Strong, Prices Firm
Update: 2025-10-15
Description
Wheat weathers the storm! Prices jumped across Chicago, Kansas City, and Minneapolis exchanges on October 15th, fueled by strong export demand. Despite a dip in weekly export inspections, overall shipments are up 18% year-over-year, with Indonesia leading the buying spree. Plus, a South Korean tender for 95,000 metric tons hints at continued demand, while slight downward revisions to France's soft wheat crop and lagging EU exports further bolster prices.
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