Grain News, 11/25/2022

Wheat contracts on Euronext/Matif went south this week. When the currently most traded March contract closed last Friday at a closing price of 321 euros/t, yesterday it was 315 euros/t that was on the display board for this contract. On the CBoT in Chicago, wheat also went south on a weekly basis. The stock exchange was closed here on Thursday. Thanksgiving was celebrated in the United States...

Expert Opinion: 

After the 120-day extension for the Ukrainian grain corridor, prices are fundamentally under pressure. However, the outlook for Argentina and global demand continued to support the market. Wheat and corn do not seem to have found their footing yet. The potential for both rising and falling...