JOURNAL ARTICLE

Wheat Extends Advance to One-Week High on Slow Farmer Sales.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Kozlov, Pyotr 3 of 3

Abstract

The article focuses on the recent rise in Chicago wheat futures due to farmers withholding sales, which has limited the near-term availability of the grain. After reaching a five-year low earlier in the month, prices have begun to recover as some growers anticipate better returns. Analysts note that the low prices have prompted buyers, including Egypt and Syria, to make purchases, further contributing to the price rebound. As a result, December wheat futures increased by up to 1%, reaching $5.3425 a bushel, marking the highest level for the most-active contract since August 12. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/08, pN.PAG
  • Document Type:Article
  • Subject Area:Literature and Writing
  • Publication Date:2025
  • Accession Number:187463715
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