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Wheat Futures Fall on Import Rumors -- Daily Grain Highlights

Por: MarketWatch Business May 24, 2023

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--Corn for July delivery rose 1.8% to $5.88 a bushel. HIGHLIGHTS Cheaper Alternatives: Rumors that the U.S. is receiving imports of wheat from cheaper European sources continued to be a source of pricing pressure today. Wheat is lower on chatter of U.S. wheat imports off the east coast and Black Sea competition, said Terry Reilly of Futures International in a note. These exports are expected to be from Germany and Poland. Exports of wheat coming... + full article



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