ZMP Cockpit – News Summary
In Paris there was no clear direction in wheat prices. After the courses had to give way at the start of the week, prices recovered on Tuesday. The green signs could not continue for long, so the futures posted losses on Friday. Institutional investors continued to add to their long positions during the week. In the cash market, market participants continue to be cautious due to the uncertainty...
- Persistent, high global demand
- Sowing conditions remain difficult
- Rising harvest pressure
- Strong US dollar
- Declining global corn production