Canada expects a somewhat smaller harvest than that of 2020, as a result of acreage shrinkage. Photo: Canva
Worldwide demand for Wheat is good, but there are restrictions on the supply side. Corn prices are skyrocketing due to significant sales to China and provide additional support for wheat prices. Wheat future prices have been under slight pressure as a result of the activities of speculators. They are withdrawing from the wheat market and are concentrating on corn and soy. Still, wheat prices in Paris and Chicago held up very reasonably last week. Developments in Russia, which has imposed toug
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