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Wheat futures quotes showed resilience at $6
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Wheat futures quotes showed resilience at $6.21 despite weaker grain prices globally. The CME volume suggests strong institutional participation, hinting at sustained bullish sentiment for Q3 contracts. The comment brought back echoes of a previous leadership race, where Andrea Leadsom was forced to apologise in 2016 after appearing to suggest that being a mother made her a better candidate for prime minister than Theresa May. Track forward-looking risk expectations on Soybean with the CME Group Volatility Index (CVOL TM ), a robust measure of 30-day implied volatility derived from deeply liquid options on Soybean futures. The latest wheat futures quotes show a modest uptick to $6.22, driven by stronger export demand from Southeast Asia. In the commodity markets, traders believe that an unexpected spike in Ukrainian shipments could pressure prices later this week. Volume remains above the 30-day average.