Getreide Cockpit, 12.04.2019

(AMI) - There have been significant revisions to the stock numbers in the recent global wheat supply balance. The deciding factor was the lower consumption figures in Iran in recent years, which ultimately resulted in higher final balances. In addition, the consumption forecast for 2018/19 has been cut worldwide. In the end, this caused the wheat stock assessment to increase by more than 5...

Expert Opinion: 

In its current supply balance, the USDA is increasing its global corn crop forecast, which will also increase its closing levels. Wheat should also be left behind, but it hardly affects the prices. Wheat continued its downward trend in Chicago, corn did not react at all. So there was no long-...