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Podcast: Grain Markets and Other Stuff
Episode: Again?? China to Cancel More US Grain Purchases
Description: Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyGoogleTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.Wheat futures plunged to their lowest level in over three years on Wednesday, with SRW futures reaching a nadir near $5.20 per bushel, driven by concerns over oversupply and potential cancellations of US SRW wheat purchases by China. The market also grappled with the persistent pressure of competitively priced wheat from Russia, further dampening global prices...