JUNE 20 – WHEAT PRICES POP 2% AS MARKETS LOOK FOR A BOTTOM

Market News

Wheat prices recovered Wednesday as buyers snapped up contracts in an oversold market and are now looking to profit from a rebound in sentiment. The day was dominated by wheat’s more than 2% gains as corn prices and soybean prices were up marginally.

It’s difficult to say that prices have reached a bottom in the wake of President Trump’s ongoing tariff tantrum. With that in mind, let’s take a look at grain prices at the Chicago Board of Trade.

From: https://farmlead.com/blog/grain-markets-today/june-20-wheat-prices-pop-market-looks-for-bottom/

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