The price of wheat rebounds after confirming a fall in the stock in the United States
Wheat
United States
게시됨 2021년 10월 1일
원본 콘텐츠
The international price of wheat registered a rise based on bullish data from the international market, while soybeans suffered a collapse after an increase in North American stocks of the oilseed was known. This situation occurs in a favorable context for cultivation in Argentina, both in terms of production and volume of commercial operations. Exporters took note of this situation and pressed the accelerator when it came to getting raw material. According to the Ministry of Agriculture, the industry bought 6.97 million tons until September 22, 39% more in relation to the same period in 2020. The latest report from the United States Department of Agriculture (USDA) strengthened the wheat business and led to declines in soybeans. The agency projected that the North American stocks of the cereal are the lowest since 2002, while for the oilseed the estimates were above expectations, a situation that generated falls on the Chicago slates. In the pre-report, business operators ...