Trilateral Bakery Update 2-19-2019

Wheat

  • Stronger dollar, loss of tenders send futures lower
  • Exports continue disappointing performance
  • Single-digit temps hit much of KS and NE, without the benefit of snow cover in some areas.

Oil

  • Palm stocks drop on lower production and sharply higher exports
  • SBO stocks at the end of January came in slightly below trade expectations

 

 

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