Wheat market shifts amid global surplus

Global wheat yields are strong, but prices remain under pressure due to limited storage and forced sales. Futures markets show mixed signals, with gains in Europe and the US offset by declines in Russia. Export forecasts and production updates add further complexity to the outlook. Storage limits pressure prices Although global wheat yields are high and forecasts continue to be revised upward, low prices at this stage of the season do not necessarily indicate a poor wheat year ahead. S