16.
03.22
09:59

Less corn expected in Ukraine

In Paris, corn contracts followed wheat leads and closed with modest gains. At the CBoT, futures did not find a consistent direction. While the old crop was able to grow, the new crop went into the red. Meanwhile, the analysts at APK-Inform expect that spring sowing in Ukraine will suffer significantly from the current situation. A drop of almost 40% is expected, with corn being the main beneficiary. Meanwhile, falling oil prices are putting pressure on the stock market. The significantly increasing corona infections in the Middle Kingdom are also causing uncertainty.

Source
VR Agrarberatung
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