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April Wheat Price Forecasts - 'Oversupplied' market squares up to tighter outlook

•    Wheat ’oversupply’ breaks grain’s historical correlation with oil
•    Exporter stocks upgraded to most comfortable in eight years
•    However, tightening in supplies likely in 2026/27

•    Changes in US price spreads signs of market rethink

 

wheatexporterstocks 16.04.26

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