Cereals news, 08.05.2020

The signs on the grain exchanges shone green yesterday. Prices are rising for both wheat in Paris and Chicago. Corn on the Euronext can grow as well as on the CBoT. The expiring May contract on Matif in particular is growing, but this has more to do with positions to be closed than with the actual expectations of the market. First and foremost, the weather outlook for the large growing regions...

Expert Opinion: 

The stock markets are increasingly becoming the weather market again - not unusual for this time of year. The general outlook for wheat and corn in Europe is good, but US corn in particular should continue to have a hard time getting out of the bottom.