CoBank: Russian Wheat Exports Remain Biggest Risk to U.S. Wheat Elevators
September 20, 2023
September 20, 2023
DENVER, Colorado, Sept. 20 (TNSres) -- CoBank, a cooperative bank that serves agribusinesses, rural infrastructure providers and Farm Credit associations, issued the following news release:
A modest rebound in U.S. wheat production and supplies is improving the outlook for profitability among grain elevators that store wheat. Futures market carries have improved for all three major classes of wheat and the buy basis is widening following a bigger harvest. The larger harvest follows . . .
A modest rebound in U.S. wheat production and supplies is improving the outlook for profitability among grain elevators that store wheat. Futures market carries have improved for all three major classes of wheat and the buy basis is widening following a bigger harvest. The larger harvest follows . . .