Chicago Board of Trade wheat figures futures jump $42 a tonne

By Nathan Cattle, Managing Director, Clear Grain Exchange
May 17 2022 - 5:00pm
Buyers have had to push prices higher to meet higher price targets set by growers.
Buyers have had to push prices higher to meet higher price targets set by growers.

LAST Thursday night Chicago Board of Trade (CBoT) wheat figures futures jumped a staggering A$42/t on the back of a bullish USDA report.

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