In the last two trading days, the prices of the CBoT wheat futures fell again and are currently trading at the level of mid-April. Global demand for wheat could weaken in the corona crisis, and Europe is now experiencing a period of changeable weather, so that the forecasts for a good harvest would remain.
It is striking that buyers in Asia demand less wheat, according to reports from traders in Singapore. This depresses the prices of wheat futures at the CBoT. Likewise the weather change in Europe.
Russia, the world's largest wheat exporter, wants to limit its wheat exports by July 1st. The Moscow Ministry said yesterday that the export quota for Q2 / 20 had been exhausted. 
Source
Hansa Terminhandel GmbH
