International Wheat Market

01-May-2025 08:10 AM

International Wheat Market
Rainfall is expected over parts of the Southern Plains in the next few days. According to NOAA, another round of showers is forecast from the Texas Panhandle to western Kansas early next week.
Export Sales data will be released Thursday morning, with U.S. bids still somewhat competitive in the global market. Traders anticipate old crop sales to range from net reductions of 200,000 metric tons to gains of up to 300,000 metric tons as we enter the final month of the marketing year.
New crop sales are expected to be between 100,000 and 400,000 metric tons.