Daily Market Wire 13 May 2026
AI Summary
Wheat prices have risen by 7 percent as the USDA cuts its supply and demand report significantly for the U.S. market. This development comes amid cautious sentiment as the release of the first world number for 2026 post 2025 farm yield is anticipated.
Wheat gains 7 percent. WASDE cuts US S&D hard. Caution amid release of its first 2026 world number, post 2025 binbuster.