Cereal News, 02.12.2022

Shortly before the weekend, the indicator boards on the Matif were red again. The coming front month of March recorded a loss of 3.50 euros/ton to 312.50 euros/ton. Wheat also went south in Chicago. Only the end of December still made it into the profit zone. In particular, the weak export data released by the USDA yesterday provided the bearish impetus. Around 162,500 tons of wheat were sold...

Expert Opinion: 

The grain markets are currently finding it difficult to find a direction. After smaller winning phases, the correction often sets in shortly afterwards. The weak export demand in the USA is also having a negative impact on trading on the CBoT and thus also on the Matif. Worries about drought in...