Wheat market remains very volatile

Wheat prices are going up and down. Last week it was mainly profit taking that pushed prices down. But at the lower level, speculators are stepping back in and a Russian deal with China is also pushing prices up again. Last week, price falls dominated. Tensions between Russia and Ukraine eased somewhat, paving the way for profit-taking. On Friday there was another turning point and an upward trend was again started. Bargain hunters provided the impetus for this. This was followed up by the ag