Wheat Stays Resilient Despite China’s Order Cancellations

Even though the broader picture reveals a downtrend since Russia’s invasion of Ukraine in 2022, wheat prices are staying resilient amid more headwinds. China recently canceled orders on that grain exported from the U.S. in what appears to be a cost-cutting effort. “Those cancellations show that China can get wheat cheaper from others,” said Ben [...] The post Wheat Stays Resilient Despite China’s Order Cancellations appeared first on ETF Trends .