Wheat Prices Mixed, China Cancels White Wheat Deal

Todays market update reveals a mixed bag for wheat prices, with hard red winter wheat holding steady while other varieties dip. Chinas cancellation of a white wheat deal and favorable weather in Brazil impact coffee prices, while cocoa prices surge on revised supply estimates. Managed money investors reduce their bearish bets on wheat, and a South Korean importers purchase of U.S. wheat offers a positive note for American exporters.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.