Analysis

Factors combine to boost futures

By Malcolm Bartholomaeus
Updated April 12 2021 - 1:01pm, first published 10:25am
Factors combine to boost futures
Factors combine to boost futures

Last week Chicago Board of Trade wheat futures were supported by a combination of weather issues and the May United States Department of Agriculture report. Before the May report, the $A value of CBOT December futures had recovered to be just above $A300 a tonne. After the report further gains pushed values up to $A311.38/t for the opening of this week.

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