ZMP Cockpit – News Summary
After the wheat contracts showed inconsistent in the middle of the week, yesterday's trading ended with heavy losses. The month before the year saw a decline from 9.50 euros / ton to 216 euros / ton. At the cash market, the market participants report that the aging goods are largely marketed. The processors have to accept surcharges, especially for short-term requirements. FranceAgriMer lowered...
- Increasing demand
- Reduced global wheat stocks
- Declining acreage
- Closing corn stocks increased
- shortened harvest in Brazil
- Improved weather forecasts in the USA