Today's report on global supply and demand from the US Department of Agriculture is eagerly awaited. For corn and soy in particular, many market observers expect a downward revision in global ending stocks and production prospects. The reason for this continues to be the unfavorable weather conditions in the south. Heat and drought shape the picture. Only a marginal correction is expected for wheat. Until the trading break at the CBoT, red signs are shown for wheat. The dates for Euronext / Matif in Paris are also lost. At the moment the front month Mar-22 is quoted at 274.00 euros / t 2.75 euros lower than at the close of trading yesterday. The corn contracts are also negative on both sides of the Atlantic.
