30.
01.17
16:04

Grain markets on the futures exchanges massively under pressure

Today, the grain markets are solid under pressure on the futures exchanges. In particular the oilseed complex, since there will be rain in Argentina's South in the next 10 to 14 days, which is urgently needed. In the northern regions, where most recently heavy rain threatened the harvest, it will rain even, but not so much that it would damage.
Also in Brazil, mostly ideal weather conditions are predicted and in Mato Grosso, the soybean crop can be resumed quickly.
Fund companies had bought massively Sojabohnenfutures in recent weeks at the CBoT and the portfolio lose massive value in this market situation.

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