Schnittker expects a “lower planted area and lower yields” for the 2014/15 harvest. “It’s very likely to be disrupted because of the conflict.” he said in the article.
In the near-term, broker Benson Quinn Commodities argues that wheat prices could remain low due to high global supply, Agrimoney reports.
“Price will struggle with large world stocks hanging over the market in the days ahead,” CHS Hedging said in the Agrimoney article.
Teucrium Wheat Fund
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