Grain News, 06.01.2023

Wheat contracts in Paris started the new year with losses and price quotations on the local spot markets also developed weaker in the first calendar week of 2023. Although the front month of March 2023 closed yesterday with a daily gain of EUR 301.75 per tonne, it was EUR 7.50 lower than at the close of trading on December 30, 2022. Trading on the CBoT only started during the course of the day...

Expert Opinion: 

Competition on the world market is fierce thanks to low prices in Ukraine and a plentiful harvest in Russia. At the same time, economic concerns and the increasing spread of the virus in China are weighing on expectations for export opportunities.