Worst 24hr Drop for Wheat This Week As India Exports Boom
By sweN TR
India looks to be the beneficiary of wheat’s biggest single-day drop this week so far with record exports predicted this year for the world’s second-largest grower, as Australia has “pretty well” sold out for first-half 2022 wheat.
Corn futures fell for the second consecutive day and soybeans had their worst drop in roughly a month as news of US planting intentions and quarterly stockpiles are announced Thursday.